The paper aims at examining how sources and distribution of revenue at the local government level influence the economic well-being of citizens. The results of this study help to illuminate the effect of revenue sources on local government efforts on economic development and their capacity to...

With the use of this dynamic spreadsheet model, tourism managers can gain valuable insight into tourism and special events. This insight can help them plan future events or evaluate whether the costs of producing these events are justified by the benefits. Visitor spending from outside the...

This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the channels through which such effects are observed. The study tests three hypotheses: (1) income inequality has an inverse relationship with growth; (2) regional growth adjustments are...

In this paper we develop an autoregressive spatial simultaneous equations model to investigate the county-level determinants of small business growth and median household income in Appalachia during the period 1990-2000. Our GS2SLS and GS3SLS estimation results indicate significant spatial...

A three-step estimation method and a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) are used to assess the vegetable demand behavior of rural and urban households in the Philippines. The results show that most of the expenditure and own-price elasticities of the vegetables analyzed are...

We study the efficiency of Community Development Loan Funds (CDLFs) in the U.S.A. between 2002 and 2005. We find that the largest CDLFs tend to be most efficient and that efficiency decreases with age and the proportion of minority representation on the board, while board size does not affect...

With decreasing populations and declining resources, rural governments are finding it challenging determining how to make investments in their infrastructure. This paper defines the problem confronting rural governments and develops a process for making infrastructure decisions to maximize...

We study the link between economic growth and resource endowment in the southeastern United States and find signs of Dutch Disease. Using data for 815 counties in this region, we focus attention on the connection between economic growth and forest resources. Our data support the Dutch Disease...

The paper contributes to the understanding of the role of economic sectors in employment growth by examining the extent to which sectoral employment influence employment development in the rural southeast United States over the period 1970 through 2007. The analysis employs two specifications of...

Individuals and households reveal their willingness to pay to enjoy environmental and natural resource services by engaging in outdoor recreation activities. The state of Alabama and the Black-Belt region possess significant recreational fishing resources whose qualities could be improved...