The Impact of Public Spending in a Low-Income Rural Area: A Case Study of Fort Leonard Wood, Mo

O. Wendell Holmes

No 307360, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report Highlights: Fort Leonard Wood has a direct economic impact on nearly 50,000 people and indirectly affects approximately the same number. The people working or living on the Fort and hence directly affected by Government spending total over 35,000 in the military service, 14,000 civilian employees of the Department of the Army, and about 8,000 military dependents. More difficult to assess is the impact which a public installation such as the Fort has on various segments of the private and nonmilitary public sectors of the local economy. The Fort has little direct impact on the agricultural economy, as little of the agricultural production of the immediate area is consumed at the Fort. However, employment created by the Fort enables some farmers to become part-time farmers and hold full or part-time jobs off the farm. Employment in the agricultural industry has dropped in all counties adjacent to the Fort.

Keywords: Community/Rural/Urban Development; Labor and Human Capital; Public Economics (search for similar items in EconPapers)
Pages: 26
Date: 1968-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307360

DOI: 10.22004/ag.econ.307360

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