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...

Between 2006 and 2009, the OECD undertook a series of reviews of national rural development policy. The reviews largely followed a consistent approach and used the OECD’s New Rural Paradigm (NRP) as a common metric for assessing various national approaches. Although the reviews cannot be...

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...

Fostering higher levels of economic activity in rural regions constitutes an important policy challenge for most OECD countries. While some rural regions have higher than average growth rates, most grow at slower rates than the majority of urban regions. Because rural regions are structurally...

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...

Between 2006 and 2009, the OECD undertook a series of reviews of national rural development policy. The reviews largely followed a consistent approach and used the OECD's New Rural Paradigm (NRP) as a common metric for assessing various national approaches. Although the reviews cannot be...