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

Rights

Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.

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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