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Crossing The Next Meridian: The Economics Of Rural-Urban Interdependence, Institutions And Income Distribution In The American West

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  • Weber, Bruce A.

Abstract

This paper explores and develops three ideas: (1) that the aridity of western North America and its attendant characteristics have fundamentally shaped the work of western agricultural economists and encouraged some distinctive western contributions to the study of economics; (2) that, in order to understand economic relationships that are critical to rural western economic development, economists need to move beyond the standard equilibrium economic models and explore some emerging models of spatial development and institutional change in which the concept of "increasing returns" plays a key role; (3) that the West provides a fine laboratory for testing these frameworks.

Suggested Citation

  • Weber, Bruce A., 1997. "Crossing The Next Meridian: The Economics Of Rural-Urban Interdependence, Institutions And Income Distribution In The American West," 1997 Annual Meeting, July 13-16, 1997, Reno\ Sparks, Nevada 35785, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeare:35785
    DOI: 10.22004/ag.econ.35785
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
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    3. Emery N. Castle, 1989. "Is Farming a Constant Cost Industry?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(3), pages 574-582.
    4. Emery N. Castle, 1965. "The Market Mechanism, Externalities, and Land Economics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(3), pages 542-556.
    5. H. H. Stoevener & E. N. Castle, 1965. "Input-Output Models and Benefit-Cost Analysis in Water Resources Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(5), pages 1572-1579.
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