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Federal regional development programs and growth in non-farm county income
Abstract The problem addressed by this paper is to determine the effect of regional development programs on the growth in nonfarm income for U.S. counties. Using economic base theory, a reduced form regression model is presented which includes measures of the amount, type and timing of assistance as explanatory variables. A simulation experiment and calculated beta coefficients are used to measure the relative magnitude of development program impacts. The results indicate that the amount and type of assistance are statistically significant factors in explaining variations in changes in non-farm growth rates. The size of these effects, however, appear small relative to other growth influencing factors.
Federal regional development programs and growth in non-farm county income
Abstract The problem addressed by this paper is to determine the effect of regional development programs on the growth in nonfarm income for U.S. counties. Using economic base theory, a reduced form regression model is presented which includes measures of the amount, type and timing of assistance as explanatory variables. A simulation experiment and calculated beta coefficients are used to measure the relative magnitude of development program impacts. The results indicate that the amount and type of assistance are statistically significant factors in explaining variations in changes in non-farm growth rates. The size of these effects, however, appear small relative to other growth influencing factors.
Federal regional development programs and growth in non-farm county income
Martin, Randolph C. (Autor:in)
1980
Aufsatz (Zeitschrift)
Englisch
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