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An integrated multiregional econometric model of the state of Nebraska: A socioeconomic perspective of economies undergoing changes in structure

Darnell Bradley Smith, University of Nebraska - Lincoln

Abstract

The study used regional economic theory concepts to develop a ten region econometric model of the nonfarm sector of Nebraska. The model constructed has the capability of analyzing government policy impacts on regional gross product, employment, wages and salaries, personal income and population. An important link was established between farm structure and region population. This study is one segment of a long-term research project at the University of Nebraska-Lincoln examining linkages and public policy impacts on the farm and nonfarm sectors of rural areas. Because it was hoped that the model developed in this study can be integrated with other sectoral models at a later date, linkages between the farm and nonfarm sectors were developed but the farm sector was not modeled explicitly. National macroeconomic linkages were also developed in the study. Farm structure was included in the model, due to the linkage to regional population.

Subject Area

Economics|Agricultural economics

Recommended Citation

Smith, Darnell Bradley, "An integrated multiregional econometric model of the state of Nebraska: A socioeconomic perspective of economies undergoing changes in structure" (1992). ETD collection for University of Nebraska-Lincoln. AAI9308196.
https://digitalcommons.unl.edu/dissertations/AAI9308196

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