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RURAL INCOME DIFFERENCES AND INSTRUMENTAL VARIABLES BEIWAL
Author(s) -
GREEN L.
Publication year - 1967
Publication title -
canadian journal of agricultural economics/revue canadienne d'agroeconomie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 37
eISSN - 1744-7976
pISSN - 0008-3976
DOI - 10.1111/j.1744-7976.1967.tb02398.x
Subject(s) - per capita income , relevance (law) , investment (military) , per capita , public economics , comprehensive income , economics , instrumental variable , rural area , development economics , demographic economics , net national income , economic growth , political science , gross income , econometrics , sociology , demography , population , tax reform , politics , law , state income tax
Improving personal income in low income rural communities is of widespread interest in many areas of the United States, Canada and in other parts of the world. This paper suggests a useful method of analyzing inter‐area income differences and identifying factors that are useful in developing alternative policies to raise low per capita income levels as wetl as in delineating areas for public investment. While the results of the study are of special relevance to the Omro area of the United States, the mythology and the general reacts have much wider implications.