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Fiscal Trends: Implications for the Rural South

Published online by Cambridge University Press:  28 April 2015

Mark S. Henry
Affiliation:
Department of Applied Economics and Statistics, Clemson University, Clemson, SC 29634
David L. Barkley
Affiliation:
Department of Applied Economics and Statistics, Clemson University, Clemson, SC 29634
Haizhen Li
Affiliation:
Department of Applied Economics and Statistics, Clemson University, Clemson, SC 29634

Abstract

Key demographic trends in the rural South over the next decade—the aging of the population as baby boomers enter retirement, continued migration to the South, and rapid increases in shares of Hispanic residents—may have profound consequences for the financing of rural community public services. In this paper, we provide an overview of demographic and economic trends that are expected to influence the ability of rural communities to provide essential public services. In addition, we provide econometric evidence on the impacts that these trends are likely to have on the financing of K-12 education in South Carolina.

Type
Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2003

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