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Spatial Analysis of Rural Economic Development Using a Locally Weighted Regression Model AgEcon
Cho, Seong-Hoon; Kim, Seung Gyu; Clark, Christopher D.; Park, William M..
This study uses locally weighted regression to identify county-level characteristics that serve as drivers of creative employment throughout the southern United States. We found that higher per capita income, greater infrastructure investments, and the rural nature of a county tended to promote creative employment density, while higher scores on a natural amenity index had the opposite effect. We were also able to identify and map clusters of rural counties where the marginal effects of these variables on creative employment density were greatest. These findings should help rural communities to promote creative employment growth as a means of furthering rural economic development.
Tipo: Journal Article Palavras-chave: Creative class; Locally weighted regression; Natural amenities; Rural economic development; Community/Rural/Urban Development.
Ano: 2007 URL: http://purl.umn.edu/10163
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New Economy Growth Decomposition in the U.S. AgEcon
Adelaja, Adesoji O.; Hailu, Yohannes G.; Abdulla, Majd.
The drivers of economic growth in what is called the New Economy has become an important policy question. As communities across the country face economic challenges and a new economic reality, the question of what works in the New Economy has emerged. This study aims to provide growth decomposition in the New Economy to identify key drivers of growth. It provides a conceptual, theoretical and empirical discussion of growth in the New Economy to solidify the theory and empirics of New Economy growth decomposition. Results suggest that growth in population, income and employment are mostly synergistic; innovation and talent are potent in the New Economy; population dynamics, especially in the young and retiree segment of the population are tied to local...
Tipo: Conference Paper or Presentation Palavras-chave: New Economy; Growth decomposition; Economic policy; Talent; Innovation; Creative class; Green infrastructure; Synergistic growth; Public Economics.
Ano: 2009 URL: http://purl.umn.edu/49579
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The Emergence of Rural Artistic Havens: A First Look AgEcon
Wojan, Timothy R.; Lambert, Dayton M.; McGranahan, David A..
Nearly all applied research on arts activity has examined phenomena in metropolitan areas. Findings from this past research confirm an arts specialization in a limited number of cities. This paper finds a similar pattern in nonmetropolitan areas, where a limited number of counties maintain or develop a distinct specialization in the arts. We document the emergence of these "rural artistic havens" and identify county characteristics associated with the attraction of performing, fine, and applied artists. The implications of these findings for rural development strategies focusing on the arts are discussed.
Tipo: Journal Article Palavras-chave: Arts activity; Built amenities; Creative class; Logistic regression; Natural amenities; Tourism development; Community/Rural/Urban Development.
Ano: 2007 URL: http://purl.umn.edu/10158
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