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Latest Stephan Goetz Stories

2014-02-20 11:56:02

An entrepreneurial climate is more important than access to financing and banks in encouraging self-employment growth, according to rural economists. "Because people who get laid off may end up working for themselves, self-employment can be a good news, bad news situation," said Stephan Goetz, professor of agricultural and regional economics, Penn State, and director of the Northeast Regional Center for Rural Development. "However, the self-employed do tend to support other nearby...

2014-02-04 11:45:44

Despite their typically small size and sparse distribution, farms that sell their products locally may boost economic growth in their communities in some regions of the U.S., according to a team of economists. "There has been a lot of hope, but little evidence, that local food systems can be an engine of economic growth in communities," said Stephan Goetz, professor of agricultural and regional economics in Penn State's College of Agricultural Sciences and director of the Northeast...

2012-05-23 21:22:58

People in rural counties who work for themselves may add a boost to local economies, improving income and job growth, according to economists. The share of self-employed workers in non-metro counties significantly predicted personal income and job growth, as well as declines in family poverty levels, said Stephan Goetz, professor of agricultural economics and regional economics, Penn State, and director of the Northeast Regional Center for Rural Development. "We often look at...

2012-04-11 22:05:45

The presence of big-box retailers, such as Wal-Mart, K-Mart and Target, may alter a community's social and economic fabric enough to promote the creation of hate groups, according to economists. The number of Wal-Mart stores in a county is significantly correlated with the number of hate groups in the area, said Stephan Goetz, professor of agricultural economics and regional economics, Penn State, and director of the Northeast Regional Center for Rural Development. "Wal-Mart has clearly...

2011-08-04 13:53:23

Thinking small and local, not big and global, may help communities ignite long-term economic growth, according to Penn State economists. Small, locally owned businesses and startups tend to generate higher incomes for people in a community than big, nonlocal firms, which can actually depress local economies, said Stephan Goetz, professor of agricultural and regional economics. "Local ownership matters in important ways," said Goetz. "Smaller, locally owned businesses, it turns out, provide...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'