Document Type

Article

Journal/Book Title/Conference

Economic Research Institute Study paper

Volume

68

Issue

1

Publisher

Utah State University

Publication Date

11-1-1968

First Page

1

Last Page

15

Abstract

Everyone recognizes the existence of an important link between economic development in Utah and attraction of new industry, yet no one is in a position to specify its nature. This poses a problem for the way seems open for a wide range of opinion about net benefits from new industry. Of course some of this variation is due to differing weights individuals place upon non-economic considerations. Variation is also caused by the lack of data about many economic interrelationships. In terms of industrial development, t he problem really has two dimensions: not only is estimation of economic benefits subject to varying interpretation, there is also uncertainty about the choice of resources to be allocated to attraction efforts and schemes.


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