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A Model For Projecting Localized Economic, Demographic, And Fiscal Impacts Of Large-Scale Projects

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  • Leistritz, F. Larry
  • Murdock, Steven H.
  • Toman, Norman E.
  • Hertsgaard, Thor A.

Abstract

For rural areas in which large scale industrial and resource development projects are located, the need for timely projections of the magnitude and location of economic, demographic, fiscal and other likely impacts is clearly apparent. The purpose of this paper is to describe a computerized model for projecting the effects of large scale developments on business activity, personal income, employment, population, requirements for selected public and quasi-public services, and public sector costs and revenues and to demonstrate the utility of the model for projecting local area impacts. The structure, data base, and interrelationships of each of the model's six major components are described. Its validity in simulating economic and demographic changes at regional county and municipal levels is then evaluated.

Suggested Citation

  • Leistritz, F. Larry & Murdock, Steven H. & Toman, Norman E. & Hertsgaard, Thor A., 1979. "A Model For Projecting Localized Economic, Demographic, And Fiscal Impacts Of Large-Scale Projects," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(2), pages 1-16, December.
    • Handle: RePEc:ags:wjagec:32287
    DOI: 10.22004/ag.econ.32287
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    References listed on IDEAS

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    1. Leholm, Arlen G. & Leistritz, F. Larry & Wieland, James S., 1975. "Profile of North Dakota's Coal Mine and Electric Power Plant Operating Work Force," Agricultural Economics Reports 23231, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Cummings, Ronald G & Schulze, William D, 1978. "Optimal Investment Strategy for Boomtowns: A Theoretical Analysis," American Economic Review, American Economic Association, vol. 68(3), pages 374-385, June.
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    Cited by:

    1. Fannin, J. Matthew & Hughes, David W. & Keithly, Walter R. & Olatubi, Williams O. & Guo, Jiemin, 2008. "Deepwater energy industry impacts on economic growth and public service provision in Lafourche Parish, Louisiana," Socio-Economic Planning Sciences, Elsevier, vol. 42(3), pages 190-205, September.
    2. Woods, Michael D. & Doeksen, Gerald A. & Nelson, James R., 1983. "Community Economics: A Simulation Model For Rural Development Planners," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-7, December.
    3. Steve Murdock & F. Leistritz & Rita Hamm & Sean-Shong Hwang & Banoo Parpia, 1984. "An assessment of the accuracy of a regional economic-demographic projection model," Demography, Springer;Population Association of America (PAA), vol. 21(3), pages 383-404, August.
    4. Campbell, Gerald & White, Gerald & Futrell, Gene & Beer, Charles L. & Brown, R. Edward & Guither, Harold D. & Hughes, Harlan & Meyer, A. Lee & Selley, Roger A. & Anderson, Kim B. & Johnson, Marc A. & , 1984. "Realizing Your Potential as an Agricultural Economist in Extension," 1984 Annual Meeting, August 5-8, Ithaca, New York 279081, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Jones, Lonnie L. & Woods, Mike D. & Doeksen, Gerald A., 1984. "Modeling Socio-Economic Impacts and Growth in Rural Areas," 1984 Annual Meeting, August 5-8, Ithaca, New York 337391, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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    Community/Rural/Urban Development;

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