Proper assessment of rural retail sector activity would yield effective and targeted retail extension/outreach programs. Pull factors assess a local retail sector's ability to meet local retail demands and to capture outside trade. If the local retail sector's pull factor vaiue is above the threshold value of one, the local retail sector is capturing local and non-local retail demands. Tobit estimation procedures were used for eight retail sectors to determine factors which influence the capture of local and non-local retail demands. These significant factors were derived and discussed as elements to be implemented into future retail extension/outreach programs.
This paper investigated a time series export-base model of nonmetropolitan Nevada counties. Confirmatory factor analysis was used to bifurcate county employment, and county basic and nonbasic employment were tested for cointegration. Employing the Granger Representation Theorem, an error correction mechanism model was estimated. Error correction mechanism model forecasts were performed and long-run forecasts were evaluated. Given current microcomputer hardware and software, this paper provides a procedure to conduct dynamic rural impact analysis by employing a dynamic export-base model.
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