GOAL CONFLICTS IN RURAL ECONOMIC DEVELOPMENT
Daniel G. Williams
Journal of Agricultural Economics Research, 1980, vol. 32, issue 3, 5
Abstract:
In regional economic development planning, achieving one objective often results In achieving less of another, tradeoffs exist among alternatives Two parts of area economic objectives are examined-gross regional product versus local employment and local wage bill versus local employment-and tradeoff curves are derived The tradeoff curve range is greater and, therefore, the conflict Situation more interesting between the first pair of objectives-a capital oriented and a labor-oriented objective-than between the second pair-two labor-oriented goals As regions become more open, tradeoff schedules shift outward and range and curvature Increase, Intensifying the need for compromise
Keywords: Community/Rural/Urban Development; Public Economics (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:148687
DOI: 10.22004/ag.econ.148687
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