Economic Development, Resilience, and Innovation

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The impact of energy price shocks on US local industries: A state-level analysis

In this study, the researchers use annual panel data for the 50 US States to examine how local industries have adapted to energy price changes from 2001 to 2019. They estimate a recursive dynamic system to model how energy prices affect output both directly and indirectly through induced capital adjustment and energy intensity. They find that energy price increases reduce local GDP in the short run but also lead to long-term increases in energy efficiency.

Authors: Minsu Kim and Stephan J. Goetz

Publication: Energy Economics Date Published: July 15, 2026

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Exploring sustainable tourism indicators (STIs) for the U.S. with secondary data

In this article, the researchers propose using secondary data to develop a novel composite sustainable tourism indicator while also addressing advantages and limitations of the survey-based approaches used in Europe to measure sustainability in tourism. They apply this indicator to recreation-dependent U.S. counties and find that while some counties improve across multiple sustainability dimensions, others experience inconsistent trends, highlighting the complex relationships between tourism development and local community well-being.

Authors: Luyi Han, Stephan Goetz, Doug Arbogast, and Daniel Eades

Publication: Tourism Economics Date Published: May 22, 2026

Economic shocks, food insufficiency and mental health: Evidence from the COVID-19 pandemic

Millions of Americans experienced a sudden loss of income along with hunger early in the COVID-19 outbreak. Using Household Pulse Survey data from April 23, 2020 to March 29, 2021, the authors found that the pandemic significantly impacted both food sufficiency and mental health, with food insufficiency having a larger negative impact on mental health than income loss.

Authors: Yuxuan Pan, Linlin Fan, Stephan Goetz

Publication: Plos ONE Date Published: March 12, 2026

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Rural innovative firms and credit: Findings from the annual business survey

Credit access remains a critical constraint for rural firms. This study examines how the innovation orientation of businesses affects credit access in urban and rural areas using the 2021 Annual Business Survey.

Authors: Luyi Han, Timothy R. Wojan, Anil Rupasingha, Stephan J. Goetz

Publication: Elsevier Finance Research Open Date Published: September 17, 2025

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Small Business Loans in Different U.S. County Types

This working paper describes how the number of financial loans and loan amounts per capita vary across different U.S. county types over the period 2000-2022, using Community Reinvestment Act small business loan data.

Authors: Yuxuan Pan, Stephan J. Goetz, and Yuan (Timothy) Zhuang

Publication: NERCRD Rural Development Working Paper Series Date Published: August 20, 2025

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Design: A critical input to rural innovative entrepreneurship

Abstract: Described as a mediation between people and technology, design is critical to innovative entrepreneurship but has been ignored in innovation research. The rigorous study of design has suffered from an inability to differentiate firms that approach design as ad hoc from those approaching design as a structured, creative process. This research uses newly available data from the 2022 Annual Business Survey Design Module categorizing 4 different approaches to design. These data allow us to examine the link between design and innovation with a focus on businesses in nonmetropolitan counties that challenges conventional wisdom that design is overwhelmingly an urban phenomenon.

A news release describing the key findings and their implications is available here.

Authors: Timothy Wojan, Luyi Han, Zheng Tian, Stephan J. Goetz

Publication: Journal of Innovation and Entrepreneurship Date Published: June 18, 2025

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Rural-Surburban-Urban Differences in Caregiving in the Northeast U.S. Region

This “Research Snapshot” describes the caregiving experience for rural, suburban, and urban caregivers in the Northeast region of the U.S., as reported by households as part of the “NER-Stat: Caregiving Survey” — a regional household survey that the North Central Regional Center for Rural Development (NCRCRD) conducted in collaboration with Northeast Regional Center for Rural Development (NERCRD), The Ohio State University and the National Farm Medicine Center. The survey was conducted in 2023 with 4,480 responses from the 13 states of the Northeast Region through a Qualtrics online panel. The dataset that this brief draws upon is also available as an open-access resource.

Authors: Elana Pojman and Florence Becot

Publication: Published by NERCRD Date Published: June 1, 2025

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Insights on Agritourism Among Maine Producers: Evidence from the 2024 National Agritourism Producer Survey

This report presents Maine-specific findings from the 2024 National Agritourism Producer Survey, conducted in part to address the type of knowledge gaps just identified. The online survey was open from March through August 2024, and 2,139 agritourism operators across the United States responded. A total of 94 survey participants identified themselves as being in Maine by reporting the postal (ZIP) code of their farm.

Authors: Jason Entsminger (University of Maine); Claudia Schmidt (Penn State and NERCRD); Sarah Cornelisse and Jackie Schweichler (Penn State)

Publication: Published by NERCRD Date Published: May 2, 2025

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Explaining the Urban-Rural Export Gap: Evidence from U.S. Firms

Abstract: The U.S. urban-rural export gap is important given the share of manufactured goods in exports, the rural concentration of manufacturing activity, and recent federal investments in place-based policy. These investments raise questions about the size of the export gap and whether it is explained by differences in endowments or inherent rural disadvantages. Confidential trade data linked with business survey data alongside county-level variables allow an Oaxaca-Blinder decomposition of the export gapUrban factors compensate for a less trade favorable industry mix, including the advantages of urban scale in export performance which may be insurmountable for rural areas.

Authors: Luyi Han, Timothy R. Wojan, Zheng Tian, Stephan J. Goetz

Publication: Journal of the Agricultural and Applied Economics Association Date Published: March 30, 2025

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Minority-Owned Businesses: Insights from States in the Northeastern Region

This research report was developed as part of the USDA NIFA-funded project, “Factors Affecting the Success of Female and Minority Rural Entrepreneurs and Rural Economic Vitality.” The project, led by Dr. Heather M. Stephens, West Virginia University, seeks to provide insights into female and minority entrepreneurship to help key stakeholders develop policies and programs to support their success. This report provides detailed information about minority-owned businesses in the Northeast region. By highlighting the differences in minority entrepreneurship across the region, this report can support the development of policies to promote minority business development.

Authors: Xiaoyin Li, Heather M. Stephens, and Stephan J. Goetz

Publication: NERCRD Data Brief Date Published: October 22, 2024

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