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Rural Wealth Creation Concepts, Strategies, and Measures

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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
    DOI: 10.22004/ag.econ.121860
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    8. Jason A. Hubbart & Hodjat Ghadimi, 2023. "Regional Wealth Data Acquisition and Modeling: Innovations Needed for Advancement in Sustainable Wealth in Energy-Rich Regions," Challenges, MDPI, vol. 14(4), pages 1-17, December.
    9. 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.
    10. Ali Sher & Saman Mazhar & Azhar Abbas & Muhammad Amjed Iqbal & Xiangmei Li, 2019. "Linking Entrepreneurial Skills and Opportunity Recognition with Improved Food Distribution in the Context of the CPEC: A Case of Pakistan," Sustainability, MDPI, vol. 11(7), pages 1-22, March.
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    12. Kashyap, Pratyoosh & Jablonski, Becca B.R. & Bauman, Allison, 2024. "Exploring the relationships among stocks of community wealth, state farm to school policies, and the intensity of farm to school activities," Food Policy, Elsevier, vol. 122(C).
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