The Red River Valley Potato Industry's Contribution to the Economies of North Dakota and Minnesota
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Date
1986
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North Dakota State University
Abstract
Description
The potato industry of the Red River Valley consists of not only the farm production and storage but also the wash plants and processing factories located in that area. The purpose of this article was to estimate the economic contribution the Red River Valley potato industry made to North Dakota and Minnesota in 1985. The ratio of gross business volume to employment, sometimes called the productivity ratio, indicates the amount of business activity in a sector per worker in that sector and this is addressed in this article as well.