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Research questions in resource economics increasingly have incorporated both the field's traditional dynamic considerations and the spatial concerns that often are the focus of regional economics. Spatial heterogeneity in costs, benefits, or connectivity often interact with intertemporal change in contexts such as fisheries management, water allocation, invasive species control, and land use change, making spatially- or temporally-uniform polices less likely to be efficient. In this article, we examine how climate change is likely to enhance the need to incorporate spatialdynamic approaches to address natural resource challenges. We focus our discussion on rural areas, which are typically highly dependent on natural resources and particularly vulnerable to climate change. Following a brief review of existing spatial-dynamic models in natural resource economics and the insights derived from them, we describe how climate change can bring new spatial or temporal aspects to resource management problems, or exacerbate existing resource challenges that are best characterized as spatial-dynamic processes. We conclude with three case studies that highlight how integrating resource and regional economics through spatial-dynamic modeling may improve the analysis of climate change impacts in rural areas, considering the effects on rangeland management, groundwater policy, and land use management in floodplains and coastal areas. [ABSTRACT FROM AUTHOR]

We examine potential third-party effects arising from trading water from one region (rural) to another (urban). Using labor, water and heterogeneous land, rural agents produce a traded agricultural good and nontraded service good. Absent job market frictions, increased water trading improves per capita regional welfare, but aggregate service income can increase (decrease) while individual land rents decrease (increase). If labor experiences job market frictions, water trading can trigger socially inefficient land fallowing, and a decrease in per capita regional welfare. Simulation results confirm the no-job-market-friction model predictions. [ABSTRACT FROM AUTHOR]

Investigates the nature and extent of regional development in relation to irrigation developments in the United States. Concept of national secondary benefits; Cost of the expansion of public services in rural communities; Discussion on the local viewpoint on regional benefits.

Explores the correlation between income redistribution and inflation. Assessment of the regional effects of inflation; Diversity of price behavior, especially between grains and livestock products; Contribution of inflation to income inequality; Changes in factor prices.

Combination of a single-equation location model and interregional trade analysis into one model provides an effective tool to simultaneously determine regionally optimal numbers and sizes of processing plants and optimal interregional trading and pricing. The results of an earlier empirical application of the model on the prospective soybean industry in India are reviewed after four years of actual development. Private industry is allocating its processing plants in line with the pattern computed by the model, and a comparatively costly plan of arbitrarily establishing one government plant at an arbitrary location has not been implemented. [ABSTRACT FROM AUTHOR]

The purpose of the paper is to describe and demonstrate the usefulness of a dynamic regional economic model for evaluating resource development programs. The model results indicate that without development programs land may constrain livestock production after 1976. The growth in crop production is demand determined and will not exceed available land. A labor requirement of 15,400 man-years is projected for 1976 with 2,600 unutilized. Output and income distribution effects of drainage, training, and land-clearing development programs are assessed for the Interlake Area of Manitoba. [ABSTRACT FROM AUTHOR]

Presents a model of the tradeoff between regional oligopsony power and cost efficiency resulting from consolidation in a food processing industry. Estimates of the cost reductions necessary to offset the anticompetetitive effects of market power; Cost savings achieved through plant or multiplant operating economies; Study of the beef packing industry.

Analyzes the tradition and regional progress in the Southern States. Brief information on the book 'Southern Tradition and Regional Progress'; Description of its regional economic progress from 1940 to 1970; Traditions that declined during the period; Economic condition from 1865 to 1876 during which radical equalitarianism policy for slaves was pursued; Implications to political leadership.

Explores the relationship between water resources and regional economic growth in the United States. List of federal agencies involved in water resource development; Role of economists in planning efforts; Research results on water availability and economic growth; Choice indicators in project selection.

Regional research in economics under the Research and Marketing Act of 1946 is at a crossroad. If certain organizational problems are not resolved, commitments by administrators and reseachers to regional research will continue to decline. The habits of thought of administrators, inherent weak. nesses in the committee setup, and experience with focusing research on state and local problems made it easy to plan and conduct "regional" research with little regard to regional problems and team effort. Regional research should extend a warm welcome under an inspiring environment to well-qualified researchers. Suggestions for improvement of regional research include: (1) experimentation with programs of regional research in contrast to a series of narrowly defined, uncoordinated, short-term projects; (2) the appointment in some cases of regional coordinators to effectuate the policies and plans of regional committees; (3) the establishment of regional research centers with small staffs for certain types of projects; and (4) more flexibility in size and composition of regional committees. [ABSTRACT FROM AUTHOR]

Discusses the implications of US agricultural-reform policies geared simultaneously towards multilateral and regional approaches. General Agreement on Tariffs and Trade (GATT) and multilateral trade liberalization; Views by Josling and Tweeten on multilateral and regional reform approaches; Trade-diverting effects of regional blocs; Other issues likely to affect agricultural trade beyond the Uruguay Round.

Proposes a two-dimensional amenity-based model to examine the effect of environmental characteristics on residential development patterns. Effects of alternative parameters on development patterns; Alternative parameters on rental rates, house size, city boundary and the total acreage of residential land.

Presents abstracts from selected papers that deal with income inequality and regional economic growth. `How Much Income Variation Really Exists Within A State?,' by Michael L. Walden; `Does Income Distribution Affect Regional Economic Growth,' by David Tomberlin, Martin Shields and Steven C. Deller; `Income Growth versus Inequality in the U.S.: A State-Level Analysis of Reverse Causality,' by Octavian Ngarambe and Stephan J. Goetz.