| The idea of elderly in-migrants as an important factor or stimulus to local economic development (Serow, 2001) has been confirmed by quite a few studies such as Bennett (1993); Carlson, Junk, Fox, Rudzitis, & Cann (1998); Day & Barlett (2000); Hodge (1991); Serow & Haas (1992); and Stallmann, Deller, & Shields (1999). Large-scale elderly in-migrants can bring several benefits to local economy. First, they can increase property and sales taxes, counties' largest source of revenues, without directly increasing their greatest expense such as public education; also, in-migrant retirees as a large portion of elderly do not compete for jobs so that most of counties consider them as net economic assets (Day & Barlett, 2000; Glasgow, 1991;... |
