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Retiree-Attraction Policies for Rural Development

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  • Reeder, Richard J.

Abstract

Many rural communities have benefited from the attraction of retirees in recent years. With the baby boom generation beginning to make retirement decisions, many other rural communities might consider economic development strategies based on attracting and retaining retirees. This report reviews the literature on the impacts (both positive and negative) of retiree attraction in rural areas and indicates which places might benefit most (slow growth or declining population) and least (rapid growth) from retiree attraction. Factors indicating local potential to attract retirees include natural and manmade amenities, proximity to cities and tourism, and past record of attracting retirees. Recent State retiree-attraction initiatives are examined, such as direct State technical assistance and marketing, the use of local self-help models, targeting previous residents, and promoting the development of planned retirement communities.

Suggested Citation

  • Reeder, Richard J., 1998. "Retiree-Attraction Policies for Rural Development," Agricultural Information Bulletins 33667, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:33667
    DOI: 10.22004/ag.econ.33667
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    References listed on IDEAS

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    1. Mark Fagan & Charles F. Longino Jr., 1993. "Migrating Retirees: A Source for Economic Development," Economic Development Quarterly, , vol. 7(1), pages 98-106, February.
    2. Harmston, Floyd K., 1981. "A Study of the Economic Relationship of Retired People and a Small Community," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 11(1), pages 1-15.
    3. Siegel, Paul B. & Leuthold, Frank O. & Stallman, Judith I., 1995. "Planned Retirement/Recreation Communities Are Among Development Strategies Open to Amenity-Rich Rural Areas," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 10(2), February.
    4. Reeder, Richard J. & Glasgow, Nina L., 1990. "Nonmetro Retirement Counties' Strengths and Weaknesses," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 6(2), February.
    5. Siegel, Paul B. & Leuthold, Frank O., 1993. "Economic and Fiscal Impacts of a Retirement/Recreation Community: A Study of Tellico Village, Tennessee," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 25(2), pages 134-147, December.
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    Cited by:

    1. Pender, John L. & Marre, Alexander W. & Reeder, Richard J., 2012. "Rural Wealth Creation Concepts, Strategies, and Measures," Economic Research Report 121860, United States Department of Agriculture, Economic Research Service.
    2. Paloma Taltavull de La Paz & Karen M. Gibler, 2009. "Housing Market Reactions in Presence of Retirees Migration," ERES eres2009_194, European Real Estate Society (ERES).
    3. João Ricardo Faria & Franklin G. Mixon, 2016. "Farmer-Entrepreneurs, Agricultural Innovation, and Explosive Research and Development Cycles," Administrative Sciences, MDPI, vol. 6(4), pages 1-11, September.
    4. Moser, Colletta H. & Woodard, Doug & Wessen, Paul D., 1999. "Fra/Ere Project I-75 Retirement Conference And Focus Groups: Rationale And Status Report," Staff Paper Series 11695, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    5. Dayton M. Lambert & Christopher D. Clark & Michael D. Wilcox & William M. Park, 2009. "Public Education Financing Trends and the Gray Peril Hypothesis," Growth and Change, Wiley Blackwell, vol. 40(4), pages 619-648, December.
    6. Moser, Colletta H. & Wessen, Paul D., 2000. "Rural Retirees In Michigan: Issues And Opportunities - Findings From Focus Group Meetings," Staff Paper Series 11659, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    7. Ismail H. GENC & Anil RUPASINGHA, 2009. "Time-series Tests of Stochastic Earnings Convergence across US Nonmetropolitan Counties, 1969-2004," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(2).
    8. Vollet, Dominique & Roussel, Veronique & Callois, Jean-Marc, 2005. "Impact of Retirees on Rural Development: Some Observations from the South of France," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 35(2), pages 1-15.
    9. Moser, Colletta H. & Wessen, Paul D., 1999. "The "Enhancing Rural Economies" Project: Context And Purpose, Techniques And Procedures, And Experience To Date," Staff Paper Series 11720, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    10. Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
    11. John L. Pender & Jeremy G. Weber & Jason P. Brown, 2014. "Sustainable Rural Development and Wealth Creation," Economic Development Quarterly, , vol. 28(1), pages 73-86, February.
    12. Poudyal, Neelam C. & Hodges, Donald G. & Cordell, H. Ken, 2008. "The role of natural resource amenities in attracting retirees: Implications for economic growth policy," Ecological Economics, Elsevier, vol. 68(1-2), pages 240-248, December.

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