Minnesota’s C.L.I.O. Project: Pilot Study: Estimating Rural-Urban Interdependencies
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Minnesota’s C.L.I.O. Project Pilot Study: Estimating Rural-Urban Interdependencies Minnesota Rural Partners, Inc. Jane Leonard Kate Searls June 1, 2011 [email protected]
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Minnesota Rural Partners, Inc. Jane Leonard Kate Searls June 1, 2011
Transcript of Minnesota’s C.L.I.O. Project: Pilot Study: Estimating Rural-Urban Interdependencies
Minnesota’s C.L.I.O. Project
Pilot Study: Estimating Rural-Urban
Interdependencies
Minnesota Rural Partners, Inc. Jane Leonard
Kate Searls
June 1, 2011
C.L.I.O. is Minnesota’s
Innovative approach for: Estimating rural-urban economic interdependencies and Identifying development targets for maximum rural-urban job gains.
“C.L.I.O” stands for:* Regional CLuster Analysis* Input-Output Analysis
Regional Cluster Analysis identifies Business Density or Concentrations for particular industry sectors Harvard’s Cluster Mapping
Project
Input Output Analysis estimates trading connections, tracking the flow of goods and services between regional economies. IMPLAN
Regional Cluster Studies Identify Areas of Industry Concentrations
Minnesota’s Computer & Electronic Product Manufacturing Clusters
IO Tracks Ripple Effects from Rural to Urban Markets
Local Rural Economy
Connected Urban Economy
Target Cluster Output Increase
Additional Business-to-Business Spending: Supply Chain
Additional Business – to-Consumer Spending – Consumer
Implications The reverse is also true! A $1 B decrease
in manufacturing output in rural Minnesota results in 1,043 jobs lost and a loss of $208 M revenue among Twin Cities area businesses.
Economic dependence of Urban MN on Rural MN is real, measurable and significant
Wealth Creation takes place through trading networks that span urban and rural markets.
Encourage policy and investments approach that accurately values how prosperous cities depend on robust rural areas and vice versa.
Project Partners
Minnesota Rural Partners, Inc.
U.S.D.A Rural Development
Blandin Foundation
University of Minnesota Humphrey School – State & Local Policy
Program Ag School - Applied Economics Extension- Community Economics
State of Minnesota, Department of Employment & Economic Development
