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The Importance of Transfer Payments in Nonmetro America

Author

Listed:
  • Ghelfi, Linda M.
  • Hoppe, Robert A.

Abstract

Transfer payments (cash or goods, mostly from Government programs, received by individuals for which no work is currently done) are an important source of income in nonmetro areas, accounting for 18.7 percent of annual personal income. Social Security and medical payments account for nearly two-thirds of transfer payments to nonmetro areas. Transfers, which continue even if local employment falls during recessions, may make local economies more stable in the short run. However, nonmetro economies that greatly depend on transfer income may be sensitive to changes in Government programs affecting the payments.

Suggested Citation

  • Ghelfi, Linda M. & Hoppe, Robert A., 1989. "The Importance of Transfer Payments in Nonmetro America," Agricultural Information Bulletins 309489, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:309489
    DOI: 10.22004/ag.econ.309489
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    Cited by:

    1. Rogers, Carolyn C., 1990. "Children in nonmetro America: Economic well-being in a family context," Agricultural Outlook Forum Archive 1923 - 1997 326683, United States Department of Agriculture, Agricultural Outlook Forum.

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