Hostname: page-component-78c5997874-ndw9j Total loading time: 0 Render date: 2024-11-17T16:28:54.472Z Has data issue: false hasContentIssue false
  • English
  • Français

Comparing the Impacts of Retiree versus Working-Age Families on a Small Rural Region: An Application of the Wisconsin Economic Impact Modeling System

Published online by Cambridge University Press:  15 September 2016

Martin Shields ,
Steven C. Deller  and
Judith I. Stallmann
Martin Shields
Affiliation:
Department of Agricultural Economics and Rural Sociology at The Pennsylvania State University
Steven C. Deller
Affiliation:
Department of Agricultural and Applied Economics at the University of Wisconsin-Madison
Judith I. Stallmann
Affiliation:
Department of Agricultural Economics at Texas A&M University
Get access

Abstract

The Wisconsin Economic Impact Modeling System, a conjoined input-output/econometric model of Wisconsin counties, is used to simulate the economic and fiscal impact of two alternative residential development patterns. Under the first scenario, the impact of migrating retirees on a small tri-county region in northern Wisconsin is examined. Under the second scenario, the impact of the migration of younger families with children is examined. A comparison-contrast between the two scenarios demonstrates that the characteristics of the migrating household can have a significant impact on the nature of the impacts.

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 30 , Issue 1 , April 2001 , pp. 20 - 31
Copyright
Copyright © 2001 Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Almon, C. 1991. “The INFORUM Approach to Interindustry Modeling.” Economic Systems Research 33: 1–7.Google Scholar
Bao, S., Henry, M.S., and Barkley, D.S. 1996. “The Influence of Quality of Life on Rural Economic Development.” Manuscript, Department of Agricultural and Applied Economics, Clemson University.Google Scholar
Beaumont, P. 1990. “Supply and Demand Interaction in Integrated Econometric and Input-Output Models.” International Regional Science Review 13: 167–81.Google Scholar
Beckmann, M. 1968. Location Theory. New York, NY: Random House.Google Scholar
Bolton, R. 1985. “Regional Econometric Models.” Journal of Regional Science 25: 495–520.Google Scholar
Burchell, R. and Lisotkin, D. 1979. The Fiscal Impact Guidebook: Estimating Local Costs and Revenues of Land Development. Office of Policy Development and Research, US Dept. of Housing and Urban Development, HUD-PDR-371. Washington, DC.Google Scholar
Conway, R. 1990. “The Washington Projection and Simulation Model: A Regional Interindustry Econometric Model.” International Regional Science Review 13: 141–65.Google Scholar
Coomes, P., Olson, D., and Glennon, D. 1991. “The Interindustry Employment Demand Variable: An Extension of the I-SAMIS Technique for Linking Input-Output and Econometric Models.” Environment and Planning A 23: 1063–68.Google Scholar
Deller, S.C. 1995. “Economic Impact of Retirement Migration.” Economic Development Quarterly 9: 25–38.Google Scholar
English, D.B.K. and Marcouiller, D.W. 1998. “Recreational Dependence in Rural America: Estimates and Effects.” Manuscript, USDA Forest Service, Forest Service Lab. Athens, GA.Google Scholar
Haas, W.H. III and Serow, W.J. 1997. “Retirement Migration Decision Making: Life Course Mobility, Sequencing of Events, Social Ties and Alternatives.” Journal of the Community Development Society 28: 116–130.Google Scholar
Henry, M.S., Barkley, D.L. and Bao, S. 1997. “The Hinterland's Stake in Metropolitan Growth: Evidence from Selected Southern Regions.” Journal of Regional Science 37(3): 479–501.Google Scholar
Hewings, G. and Jensen, R. 1986. “Regional, Interregional and Multiregional Input-Output Analysis.” In, Handbook of Regional and Urban Economics. Nijkamp, P., Ed. 543–80. Amsterdam: Elsevier Science Publishers. Google Scholar
Kahne, H. 1985. “The Concepts of Part-time Work: The Old and the New.” In, Reconceiving Part-time Work—New Perspectives for Older Workers and Women. Totowa, NJ: Rowman and Allanheld.Google Scholar
Kort, J. and Cartwright, J. 1981. “Modeling the Multiregional Economy: Integrating Econometric and Input-Output Models.” The Review of Regional Studies 11: 1–17.Google Scholar
Kraybill, D., Johnson, T. and Orden, D. 1992. “Macroeconomic Imbalances: A Multiregional General Equilibrium Analysis.” American Journal of Agricultural Economics 74: 726–36.Google Scholar
Marcouiller, D.W. 1997. “Toward Integrative Tourism Planning in Rural America.” Journal of Planning Literature 11: 337–57.Google Scholar
Marcouiller, D.W., Green, G.P., Deller, S.C., Sumathi, N.R., and Erkkila, D.L. 1996. Recreational Homes and Regional Development: A Case Study from the Upper Great Lake States. University of Wisconsin-Extension: Madison, WI. G3651.Google Scholar
Nord, M. and Cromartie, J.B. 1997. “Migration: The Increasing Importance of Rural Natural Amenities.” Choices 3rd Quarter:22–23.Google Scholar
Rey, S. 1997. “Integrating Regional Econometric and Input-Output Models: An Evaluation of Embedding Strategies.” Environment and Planning A 29: 1057–72.Google Scholar
Richardson, H. 1985. “Input-Output and Economic Base Multipliers: Looking Backward and Forward.” Journal of Regional Science 25: 607–62.Google Scholar
Rubin, R.M. and Nieswiadomy, M. 1994. “Expenditure Patterns of Retired and Nonretired Persons.” Monthly Labor Review 117(4): 10–21.Google Scholar
Sastry, M.L. 1992. “Estimating the Economic Impacts of Elderly Migration: An Input-Output Analysis.” Growth and Change 23: 54–79.Google Scholar
Shields, M. 1998. An Integrated Economic Impact and Simulation Model for Wisconsin Counties. Unpublished Ph.D. Dissertation. Department of Agricultural and Applied Economics, University of Wisconsin-Madison.Google Scholar
Treyz, G., Rickman, D. and Shao, G. 1992. “The REMI Economics Demographic Forecasting and Simulation Model.” International Regional Science Review 14: 221–53.Google Scholar
Wagner, J., Deller, S. and Alward, G. 1992. “Estimating Economic Impacts Using Industry and Household Expenditures.” Journal of the Community Development Society 23: 79–102.Google Scholar
Walzer, N. and Deller, S.C. 1996. “Rural Issues and Trends.” Community Strategic Visioning Programs, Walzer, N., Ed. Westport, CT: Praeger.Google Scholar