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Comparing the Impacts of Retiree versus Working-Age Families on a Small Rural Region: An Application of the Wisconsin Economic Impact Modeling System

Published online by Cambridge University Press:  15 September 2016

Martin Shields
Affiliation:
Department of Agricultural Economics and Rural Sociology at The Pennsylvania State University
Steven C. Deller
Affiliation:
Department of Agricultural and Applied Economics at the University of Wisconsin-Madison
Judith I. Stallmann
Affiliation:
Department of Agricultural Economics at Texas A&M University

Abstract

The Wisconsin Economic Impact Modeling System, a conjoined input-output/econometric model of Wisconsin counties, is used to simulate the economic and fiscal impact of two alternative residential development patterns. Under the first scenario, the impact of migrating retirees on a small tri-county region in northern Wisconsin is examined. Under the second scenario, the impact of the migration of younger families with children is examined. A comparison-contrast between the two scenarios demonstrates that the characteristics of the migrating household can have a significant impact on the nature of the impacts.

Type
Articles
Copyright
Copyright © 2001 Northeastern Agricultural and Resource Economics Association 

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