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Nonmetro poor in the Midwest participate more in the labor force and less in welfare programs than metro poor. We formalize how household composition, capital, labor market conditions, and state-specific regulations define opportunity sets, then estimate a bivariate binomial probit model of work...
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The export base hypothesis is that a region’s growth is led by export demand, given perfectly elastic factor supplies. It is a rationale for “sector-based” rural development policies, and it is formalized by input-output models. But it is contested by modern trade, migration, and growth...
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Nonmetro poor in the Midwest participate more in the labor force and less in welfare programs than metro poor. We formalize how household composition, capital, labor market conditions, and state-specific regulations define opportunity sets, then estimate a bivariate binomial probit model of work...
Persistent link: https://www.econbiz.de/10009401463
The export base hypothesis is that a region's growth is led by export demand, given perfectly elastic factor supplies. It is a rationale for "sector-based" rural development policies, and it is formalized by input-output models. But it is contested by modern trade, migration, and growth...
Persistent link: https://www.econbiz.de/10008537154
Persistent link: https://www.econbiz.de/10008469222
Rural North America has undergone a major economic transformation over the past century due to labor-saving technological progress, reductions in transport costs, and rising household incomes. The results are greater rural economic diversity, selected rural population decline, increased...
Persistent link: https://www.econbiz.de/10008680529