Essays in Regional EconomicsJohn F. Kain, John Robert Meyer Compilation of essays on government policy and regional planning concerning developing areas in the USA - covers such topics as industrial development, industrial policy for both urban areas and rural areas surplus labour supply areas, urbanization, the employment opportunity promotion effects of new plants location (location of industry), capital flows, problems of rural poverty in Southern states, etc., and includes large-scale models for forecasting regional economic activity and descriptions of econometrics research methods. |
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Page 50
... marginal urban product = MP , marginal rural product EF = efficiency goal performance EQ = equity goal performance Ус = mean urban income Yp = mean rural income one advanced and prosperous , the other depressed and backward.15 We pose ...
... marginal urban product = MP , marginal rural product EF = efficiency goal performance EQ = equity goal performance Ус = mean urban income Yp = mean rural income one advanced and prosperous , the other depressed and backward.15 We pose ...
Page 51
... marginal product of labor in the periphery , MP , .16 We extend both axes beyond the zero point to admit negative values . A point on the graph represents the ob- jective consequences of the movement of an individual in terms of marginal ...
... marginal product of labor in the periphery , MP , .16 We extend both axes beyond the zero point to admit negative values . A point on the graph represents the ob- jective consequences of the movement of an individual in terms of marginal ...
Page 54
... marginal product is very near to average product , that is , where both regions are close to constant returns to scale . Sector D is close to being symmetrically opposed to sector A. Throughout sector D , marginal returns to labor are ...
... marginal product is very near to average product , that is , where both regions are close to constant returns to scale . Sector D is close to being symmetrically opposed to sector A. Throughout sector D , marginal returns to labor are ...
Contents
National Policy for Regional Development | 21 |
Equity and Its Relation to Efficiency in Urbanization | 40 |
On the Definition of a Depressed Area | 58 |
Copyright | |
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aggregation problem agriculture analysis antebellum assumed assumption average banks borrowing capita income capital market changes coefficients Core South costs counties decline defense demand discriminant scores distribution economic development effects employed employment equations equity estimates expenditures explanatory variables factors families with low farm federal firms forecast funds growth rate impact increase industry input input-output models interregional investment labor force lending Lincoln Laboratory loans low income manufacturing measures ment metropolitan areas migration Negro nomic North Carolina North Central number of families number unemployed Oahu Ohio River opportunity costs output percent of families percent unemployed plants population positive problems production projections Prop proportion ratio regional economic regional models regression relative Research rural sample savings ratio sector SMSA South Dakota southern statistical subregions t-test Table technical tion U.S. Department United Upper Midwest urban West South Central whites workers zero