This study submits eleven business climate indexes to tests of their ability to predict relative economic performance on either side of state borders. Our results show that most business climate indexes have no ability to predict relative economic growth regardless of how growth is measured. ...

Ken Stone conducted the first study of WalMart stores’ economic impact in Iowa in 1988. Since then, research on WalMart’s impacts has exploded. Recent studies employ sophisticated statistical techniques to more accurately measure the size and direction of effects. Many reach...

Ken Stone conducted the first study of WalMart stores’ economic impact in Iowa in 1988. Since then, research on WalMart’s impacts has exploded. Recent studies employ sophisticated statistical techniques to more accurately measure the size and direction of effects. Many reach...

This article analyzes factors related to the rural/urban residence choice of college-educated adults using a unique data set resulting from a 2007 stratified random sample survey of Iowa State University alumni graduating between 1982 and 2006. Rural origin is the most significant predictor of...

Stone conducted the first study of Wal-Mart stores economic impact in Iowa in 1988.  Since then, research on Wal-Mart’s impacts has exploded. Recent studies employ sophisticated statistical techniques to more accurately measure the size and direction of effects. Many reach conclusions...

Stone conducted the first study of Wal-Mart stores economic impact in Iowa in 1988.  Since then, research on Wal-Mart’s impacts has exploded. Recent studies employ sophisticated statistical techniques to more accurately measure the size and direction of effects. Many reach conclusions...

We test whether commonly used measures of agglomeration economies encourage new firm entry in both urban and rural markets.  Using new firm location decisions in Iowa and North Carolina, we find that measured agglomeration economies increase the probability of new firm entry in both urban and...

Machinery-sharing provides an alternative for smaller producers to obtain the efficiencies of large farming operations and remain competitive in an increasingly concentrated agricultural industry. This research uses a multiple case study design to examine the motivations for sharing equipment...