ASSESSING LOCAL SOCIOECONOMIC IMPACTS OF RURAL MANUFACTURING FACILITIES: THE CASE OF A PROPOSED AGRICULTURAL PROCESSING PLANT

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Abstract
This paper describes an integrated microcomputer model for assessing economic, demographic, public service, and fiscal impacts of resource and industrial development projects. The model is applied in projecting the socioeconomic impacts likely to be associated with the construction and subsequent operation of a corn wet milling plant which is being developed in a rural area of North Dakota. After presentation of the impact projections, major impact issues and management alternatives are discussed. Finally, conclusions and implications are presented. The impact analysis presented in this paper may provide a foundation for similar undertakings in other regions and/or for other types of projects. The results, however, are site specific.
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