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Simulating the Economic and Fiscal Impacts of High- and Low-Income Elderly on a Small Rural Region

The Review of Regional Studies

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Title Simulating the Economic and Fiscal Impacts of High- and Low-Income Elderly on a Small Rural Region
 
Creator Shields, Martin
Stallmann, Judith I.
Deller, Steven C.
 
Subject

 
Description We assess the impact of an aging rural population using the Wisconsin Economic Impact Modeling System, a county-level conjoined input-output/ econometrics simulation model. Using data from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey, we construct profiles of two household types to simulate the economic and fiscal impacts of 500 additional elderly households in a small rural economy. Household types vary by income levels and expenditure patterns. The results suggest that, from the perspective of local government officials, high-income elderly households will increase local expenditures more than a similar number of low-income retiree households, but the resulting increase in revenues will more than offset the increased expenditures.
 
Publisher Southern Regional Science Association
 
Contributor
 
Date 1999-09-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://journal.srsa.org/ojs/index.php/RRS/article/view/29.2.5
 
Source The Review of Regional Studies; Vol 29, No 2 (1999); 175-196
0048-749X
1553-0892
 
Language eng
 
Relation http://journal.srsa.org/ojs/index.php/RRS/article/view/29.2.5/pdf