Rural Manufacturing Resilience: Factors Associated With Plant Survival, 1996-2011

Sarah Low

No 262184, Economic Research Report from United States Department of Agriculture, Economic Research Service

Abstract: Manufacturing provides jobs and income that individuals, families, and communities in rural areas rely upon. In this study, rural manufacturing plant survival during a 15-year period (1996- 2011), which includes two recessions and a longstanding decline in manufacturing employment, is examined. An indepth survey, the 1996 ERS Rural Manufacturing Survey, is linked to quar - terly employment records so that the relationship between survival and plant- and community- level factors can be examined. Results suggest that smaller, independent manufacturing plants had higher survival rates than larger plants and multi-unit plants, such as branch plants. Results offer potential insights into rural economic development policy, like tradeoffs between retention incentives, financial capital access programs, or support for entrepreneurship development.

Keywords: Community/Rural/Urban Development; Industrial Organization (search for similar items in EconPapers)
Pages: 38
Date: 2017-05-01
New Economics Papers: this item is included in nep-ent
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersrr:262184

DOI: 10.22004/ag.econ.262184

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