The role of natural resource amenities in attracting retirees: Implications for economic growth policy

Abstract

Increasing criticism of resource-extractive and polluting heavy duty industries in urban areas, as well as continuing declines in timbering, farming and mining in rural areas, have created challenges for planners and policy makers seeking sustainable rural economies. Earlier studies have concluded that a "retiree economy" is a viable approach for rural economic sustainability. Using specific measures of natural amenities that are variant over time; this study examined the role that natural amenity resources have played in attracting retirees. Results reveal that the rural and biologically rich counties with substantial land use diversity, water amenities, and other man-modified natural and recreational attractions have great potential for attracting retirees. The findings from this study can be useful for local and regional agencies to identity their latent potential to promote retiree economy, and also to predict the future amenity demands. In addition, we draw other policy implications regarding regional economic growth and ecological concern in rural America.Natural resource amenity Retiree growth Retiree economy US counties