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Impact of Industry in Rural Economies: An Input-Output Approach

  • Leo J. Guedry (a1) and David W. Smith (a2)

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Industrialization is an integral part of many rural community development programs across the country. Interest in attracting industry is often based on an ex ante assessment by local groups and officials of the positive benefits accruing to the community or area from industrialization. Obvious benefits to a local economy include increased output, income, and employment. Benefits occur in the form of purchases of labor and inputs by industry from endogenous sectors and the resulting local trade. A complete understanding of these benefits by local groups and officials in rural economies is essential for the planning of effective industrial development programs.

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Chenery, Hollis B. and Clark, Paul G.. Interindustry Analysis. New York: John Wiley & Sons, Inc., 1959.
Doeksen, Gerald A. and Schreiner, Dean F.. Interindustry Models for Rural Development Research. Tech. Bull. T-129, Agricultural Experiment Station, Oklahoma State University, Sept. 1974.
Guedry, Leo and Rosera, Eugene. Economic Impact of Industrialization on a Rural Louisiana Economy: LaSalle Parish. D.A.E. Res. Rep. No. 558, Department of Agricultural Economics and Agribusiness, Agricultural Experiment Station, Louisiana State University, Aug. 1979.
Leontief, Wassily. “Quantitative Input-Output Relationships in the Economic System of the United States.” Rev. Econ. and Statist. Vol. 18, Aug. 1936.
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Impact of Industry in Rural Economies: An Input-Output Approach

  • Leo J. Guedry (a1) and David W. Smith (a2)

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