Comparing the Impacts of Retiree versus Working-Age Families on a Small Rural Region: An Application of the Wisconsin Economic Impact Modeling System
Martin Shields,
Steven C. Deller and
Judith I. Stallmann Additional contact information Martin Shields: The Pennsylvania State University
Steven C. Deller: University of Wisconsin-Madison
Judith I. Stallmann: Texas A&M University
Abstract:
The Wisconsin Economic Impact Modeling System, a conjoined input-ontput/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 scemwios demonstrates that the characteristics of the migrating household can have a significant impact on the natare of the impacts.