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I-O study of the economic structure of Appalachian Kentucky

Journal Article · · Growth and Change; (United States)
The economic problems of Appalachian Kentucky are closely linked to the problems of the coal industry. The boom-and-bust cycles of the coal industry influence poverty, unemployment, out-migration, and capital flight from the area. For over a decade, national economic policy has been to develop a diversified economy in Appalachia capable of supporting the population with increased employment opportunities and rising real incomes. Increases in the export demand for coal should stimulate Appalachia's economic growth. In this paper, the impact of the demand for coal on the 18 coal-producing counties in Appalachian Kentucky are discussed, and the implications for dependence on a single extractive export industry are identified. A regional input-output (I-O) model was constructed in order to provide insight into the flow of goods and services within the regional economy as well as into output, income, and employment effects of the existing industry. In order to investigate the alternative growth patterns of the region, the model projects economic data for the regional economy to the year 1990 under alternative assumptions about coal-industry growth. 16 references, 1 figure, 5 tables.
Research Organization:
Univ. of Kentucky, Lexington
OSTI ID:
5774605
Journal Information:
Growth and Change; (United States), Journal Name: Growth and Change; (United States) Vol. 12:4; ISSN GRCHD
Country of Publication:
United States
Language:
English