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Land Values as a Measure of Returns to Water Resource Investments
Published online by Cambridge University Press: 10 May 2017
Extract
The role that natural resources play in economic development and the effects of investments in natural resources on economic development have been matters of disagreement among economists. An excellent review of the arguments was given by Jansma in his analysis of studies on the investment in small watershed projects for S-71, a Southern Regional Research project C3). The general conclusion was that there were few measurable effects on employment and income from such projects and that these generally were noticeable only after a lag of several years. Colyer, however, in a study of the effects of natural resources on the levels and changes in income and employment in West Virginia concluded that there were links, although not necessary ones, between resource endowments and measures of economic development (1).
- Type
- Research Article
- Information
- Journal of the Northeastern Agricultural Economics Council , Volume 5 , Issue 1 , April 1976 , pp. 17 - 26
- Copyright
- Copyright © Northeastern Agricultural and Resource Economics Association