Rural Economic Modelling: An Input-Output Approach

The rural economy has experienced many wide-ranging and complex changes in recent years. These stem in large measure from changes in socioeconomic norms and values, but also from reforms of agricultural policy, political thinking on the environment, increased international competitive pressures and changes in the structure of social and regional funding. Various attempts have been made to understand and predict the causal structure of these interrelationships through economic models.
The input-output approach provides one such methodology for economic modelling and this book applies this approach to a range of rural economic problems, including multiplier effects, forestry and pluriactivity. It combines various case studies with more theoretical discussions. It will serve as a supplementary reference text for students of agricultural, environmental and rural economics and policy, and will also be useful for professional economists in this sector.

P. Midmore, Welsh Institute of Rural Studies, University of Wales. L. Harrison-Mayfield, Department of Agricultural Economics and Management, University of Reading.