A multiregional econometric model evaluates the impacts of changes in monetary policy on economic development in metropolitan and nonmetropolitan parts of each of the four principal U S Census regions Regional variations in the adaptation to a change in national monetary policy depend on a...

Development is traced of the concepts of consumer's and producer's surplus, and the uses and limitations of these concepts for public policy analysis are examined. The applications to price stabilization and policy programs are surveyed. The use of decision theory as an alternative to...

Comparisons of successive frequency distributions may be made in two distinct ways that are frequently confused. One way is to make comparison against a given set of class intervals covering the relevant range of the data. The result is a fixed frame of reference, a single classification grid....

Structural differentiation, a concept used here to measure differences between rural U.S. counties, can assist policymakers in determining degrees of rural development. The Guttman scale of structural differentiation, derived from Dun and Bradstreet retail establishment data, is examined for its...

Measures of per capita dollar incomes seem, at first hand, to be a good simple first approximation to obtaining some idea of the differences that exist between farmers' living standards and those of nonfarmers at any one point in time. But unfortunately, the following factors, among others, make...

A number of possible geographic delineations can be used for areal allocation of population, income, employment, and other social and economic characteristics, in a rural developm~nt indicator system. This paper shows that estimates of statistical parameters vary for alternative geographic...