In this paper we determine the extent to which information about the comparative importance of major sectors of a state's economy can improve the ability to forecast compound annual growth rates in personal income. We first calculate compound growth rates in disposable personal income per capita...

It is widely believed that public and private research and educational activities have led to rapid advances in the production of crops and livestock, making farmers far better off than they would have been had these technological advances not taken place. The cash receipts data for the postwar...

Most rural regions are weak participants in the modern economy. As a result they are often seen as inherently incapable of sustained economic growth. Yet, OECD evidence shows that there are rural regions with relatively high rates of economic growth. Increasing the number of high performance...

Innovation is largely held to be unlikely in rural regions. This reflects the current emphasis on regional innovations systems that are driven by large expenditures on formal science based activity that results in patentable outcomes. From this metric the observation about rural innovation is...

This is a new version of a series of color slides on social capital as presented at a conference on rural development presented in Tampa, Florida in 2004, and sponsored by the Southern Rural Development Center.

Farmland values have increased rapidly over the last decade in response to high incomes for crop farmers and inordinately low interest rates. Farmers have responded to these conditions by bidding up the price of good cropland. In addition, the long period of increasing land values, since the...