T he economy of the rural, or nonmetropolitan, Heartland has undergone great change over the past 15 years. Deep recessions in agriculture and energy, restructuring in manufacturing, and the emergence of the service industry are just some of the forces that have reshaped the rural economy of the nation’s midsection. Having shared in this economic transition and now facing a common economic futu...

The Tenth District economy grew at a moderate pace during 1996. The district economy expanded vigorously in early 1996 but slowed as the year progressed. Tight labor markets in many parts of the region appeared to limit job growth, particularly in the large trade and services sectors. A slumping cattle industry also curbed overall growth in parts of the district. Nonetheless, construction conti...

The article is devoted to the disclosure of problems region economic development, and their solution in context increasing its investment attractiveness. purpose establish reasons for economy underdevelopment solve problems, providing effective methodology formation activity region. study followed a systematic approach substantiate attractiveness agriculture It also applies general logical rese...

This paper proposes a perfect foresight model of a two-region two-sector economy, where localized externalities in the acquisition of skills cause specialization and uneven regional development. The introduction of a new technology either reinforces or reverses this development pattern. Wealth differences are reinforced if, in spite of higher wages, the new technology locates in the advanced re...

This paper studies how the Trans-Pacific region affects the US economy in terms of business cycle transmission. We use a large dataset consisting of disaggregated sectoral industrial production indexes from selected countries in the region and employ a factoraugmented vector autoregression (FAVAR) approach to analyze the transmission of shocks in different industries. We find that a positive ou...