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Regions are facing rapidly evolving pressures from today’s global economy. The old rules of the game, where traditional assets such as cheap land and labor determined a region’s success or failure, no longer apply. Instead, new categories of assets are shaping economic prospects—assets...
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Site designation by the National Park Service conveys a unique set of signals to information-constrained potential visitors. Changes in designation thus offer natural experiments to evaluate the signaling importance of names. This paper estimates the visitation effect of the conversion of...
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A growing chorus of rural leaders agrees that new opportunities are on the horizon for rural America. Economic consolidation and outmigration need not be rural America’s future. The question most rural regions now face is this: How to claim the new opportunities? At root, this question is all...
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New approaches to rural policy are badly needed, as past reliance on subsidies and policies focused on a single sector are yielding diminishing results. Fortunately, a new frontier of policy experiments is emerging, and this frontier holds great promise in helping rural regions seize new...
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