|
|
|
|
|
| Diersen, Matthew A.; Taylor, Gary. |
| During the 2002 drought, farm sector economic factors were monitored to assess the likely statewide economic impacts. Timely moisture during the spring of 2003 resulted in a sizeable wheat harvest relative to recent years. Prices in the fall of 2003 resulted in a sizeable wheat harvest relative to recent years. Prices in the fall of 2003 have also been significantly higher for cattle and soybeans compared to prices in recent years. As a result, there have been inquiries as to the extent of economic recovery in the farm sector of South Dakota. The purpose of this paper is to outline the estimation procedure used to assess the drought in 2002, validate the extent of the impact, and discuss potential mitigating effects observed during 2003. The results... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Drought impacts; Farm sector; Multiplier effects; Model validation; Resource /Energy Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/32028 |
| |
|
| |
|
|
| Rola-Rubzen, Maria Fay; McGregor, Murray J.. |
| The Australian desert economy is a $90 billion dollar economy. However currently, there is a reliance on a few industry sectors in delivering its output. About 60% of the gross revenue of the desert comes from only three sectors - mining, manufacturing and agriculture. This can pose a risk in light of climate change, increasing interconnectedness of financial markets and the fact that the resources boom is unlikely to be an on-going phenomenon. How can desert economies mitigate risks associated with over-reliance on a few select sectors and ensure continued growth in the long run? This paper discusses the structure of the desert economy and strategies to mitigate the risks of overdependence on a few industries. Using a regional input-output model, the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Input-output model; Desert economy; Multiplier effects. |
| Ano: 2009 |
URL: http://purl.umn.edu/48028 |
| |
|
|
|
