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THE ROLE OF AGRICULTURE IN THE NORTH DAKOTA ECONOMY AgEcon
Leistritz, F. Larry; Lambert, David K.; Coon, Randal C..
The purpose of this report is to assess the role of agriculture in the North Dakota economy. This analysis is both statewide and regional in perspective (data are provided for each of the state's eight planning regions). Key indicators used in the analysis include sales for final demand (i.e., sales to out-of-state markets), gross business volume (gross receipts), gross state product (value added), and direct employment for each economic sector. The analysis reveals that, although its role in the North Dakota economy has been reduced in a relative sense, agriculture remains a cornerstone of the state economy and remains the largest goods and services exporting sector. While agriculture accounts for smaller shares of state sales for final demand, gross...
Tipo: Working or Discussion Paper Palavras-chave: Economic base; Value added; Economic indicators; Community/Rural/Urban Development.
Ano: 2002 URL: http://purl.umn.edu/23095
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THE ROLE OF AGRICULTURE IN THE NORTH DAKOTA ECONOMY - SUMMARY AgEcon
Leistritz, F. Larry; Lambert, David K.; Coon, Randal C..
The purpose of this report is to assess the role of agriculture in the North Dakota economy. This analysis is both statewide and regional in perspective (data are provided for each of the state's eight planning regions). Key indicators used in the analysis include sales for final demand (i.e., sales to out-of-state markets), gross business volume (gross receipts), gross state product (value added), and direct employment for each economic sector. The analysis reveals that, although its role in the North Dakota economy has been reduced in a relative sense, agriculture remains a cornerstone of the state economy and remains the largest goods and services exporting sector. While agriculture accounts for smaller shares of state sales for final demand, gross...
Tipo: Working or Discussion Paper Palavras-chave: Economic base; Value added; Economic indicators; Community/Rural/Urban Development.
Ano: 2002 URL: http://purl.umn.edu/23096
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A Consumption Base Theory of Development: An Application to the Rural Cultural Economy AgEcon
Markusen, Ann.
Export base theory, which posits that overall regional growth is a function of external sales of locally produced goods and services, dominates economic development practice. But the consumption base can also serve as a growth driver, especially in small towns and rural areas. Local investments may induce residents to divert expenditures into local purchases, attract new and footloose residents and tourists, and revitalize aging town centers. A consumption base approach is not reducible to import substitution, but seeks to serve latent demand and alter the broad portfolio of goods and services purchased locally. I present the analytics for a consumption base theory and demonstrate how cultural investments prompt regional growth, emphasizing the role of...
Tipo: Journal Article Palavras-chave: Economic base; Consumption; Cultural investments; Community/Rural/Urban Development.
Ano: 2007 URL: http://purl.umn.edu/10164
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The Economic Base of North Dakota AgEcon
Coon, Randal C.; Bangsund, Dean A.; Hodur, Nancy M..
The growth and composition of the North Dakota economy have been measured by using economic base analysis. Economic base (sales for final demand) has been estimated for sectors corresponding to the North Dakota Input-Output Model and for industrial categories. These two measures produce the same total basic economic activity, but use different delineations. North Dakota’s economic base has grown from $8.3 billion in 1990 to $32.2 billion in 2010 when measured in current year (nominal) dollars. When measured in real or constant dollars, the economy grew from $12.8 billion in 1990 to $32.2 billion in 2010. Constant dollars remove the effects of inflation and were calculated using the Gross Domestic Product Implicit Price Deflators. Nominal growth of the...
Tipo: Technical Report Palavras-chave: North Dakota; Economic base; Basic-sector industries; Sales to final demand; Impact assessment; Economic contribution; Financial Economics; Public Economics.
Ano: 2012 URL: http://purl.umn.edu/121763
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THE STATE OF NORTH DAKOTA: ECONOMIC, DEMOGRAPHIC, PUBLIC SERVICE, AND FISCAL CONDITIONS AgEcon
Coon, Randal C.; Leistritz, F. Larry.
This report is a compilation of North Dakota data. It is a general reference about socioeconomic conditions and trends in selected economic, demographic, public service, and fiscal variables. Data describing the state's economic base, population, income, employment, retail sales, human and financial resources, local government finance, health and safety, and housing are presented. Data are presented and compared at the county level, the state planning region level, and by metropolitan status. In addition, population, trade area population, taxable sales and purchases, and pull factors are presented at the municipal level. Graphic displays follow the tabular presentations of the data at the county and state planning region level. All of the data...
Tipo: Working or Discussion Paper Palavras-chave: North Dakota; Socioeconomic trends; Economic base; Employment; Population; Migration; Public service availability; Community resources; Fiscal conditions; Financial Economics; Labor and Human Capital.
Ano: 2003 URL: http://purl.umn.edu/23075
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Estimating North Dakota's Economic Base AgEcon
Coon, Randal C.; Leistritz, F. Larry.
North Dakota’s economic base is comprised of those activities producing a product paid for by nonresidents, or products exported from the state. North Dakota’s economic base activities include agriculture, mining, manufacturing, tourism, and federal government payments for construction and to individuals. Development of the North Dakota economic base data is important because it provides the information to quantify the state’s economic growth, and it creates the final demand sectors for the North Dakota Input-Output Model. This report provides a brief description of the methodology used to estimate each individual sector and the associated data sources. Sales for final demand have been estimated for the 1958-2007 period. Personal income generated by the...
Tipo: Report Palavras-chave: Economic base; Sales for final demand; Input-output model; Personal income; Community/Rural/Urban Development; Consumer/Household Economics; Financial Economics; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/55112
Registros recuperados: 6
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