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Rural Wealth Creation Concepts, Strategies, and Measures

Author

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  • Pender, John L.
  • Marre, Alexander W.
  • Reeder, Richard J.

Abstract

This report presents a conceptual framework for rural wealth creation, drawing upon the U.S. and international development literature. The framework emphasizes the importance of multiple types of assets (physical, fi nancial, human, intellectual, natural, social, political, and cultural capital) and the economic, institutional, and policy context in which rural wealth strategies are devised. The report discusses the role of wealth creation in the rural development process, how wealth can be created in rural communities, and how its accumulation and effects can be measured.

Suggested Citation

  • 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.
  • Handle: RePEc:ags:uersrr:121860
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    File URL: http://purl.umn.edu/121860
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    References listed on IDEAS

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    Cited by:

    1. Breve Ferrari, Alejandra & Fannin, J. Matthew, "undated". "Using System Dynamics for Optimal Debris Management in a Changing Policy Environment," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 235863, Agricultural and Applied Economics Association.
    2. Marre, Alexander W., 2014. "Rural and Urban Differences in Household Wealth Accumulation: What Role Do Demographics, Wages and Property Values Play?," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170473, Agricultural and Applied Economics Association.
    3. Andrew F. FIELDSEND, 2013. "Facilitating Innovation In Agriculture: Lessons From A European Perspective," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 10(2), pages 177-190.

    More about this item

    Keywords

    wealth creation; rural development; regional development; community economic development; sustainable development; livelihoods; wealth indicators; conceptual framework; Community/Rural/Urban Development;

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