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Evaluating the Economic Impact of Farmers’ Markets Using an Opportunity Cost Framework AgEcon
Hughes, David W.; Brown, Cheryl; Miller, Stacy; McConnell, Tom.
Farmers’ markets presumably benefit local economies through enhanced retention of local dollars. Unlike other studies, the net impact of farmers’ markets on the West Virginia economy is examined. Producer survey results are used in estimating annual direct sales ($1.725 million). Using an IMPLAN-based input-output model, gross impacts are 119 jobs (69 full-time equivalent jobs) and $2.389 million in output including $1.48 million in gross state product (GSP). When the effect of direct revenue losses are included (primarily for grocery stores), the impact is reduced to 82 jobs (43 full-time equivalent jobs), $1.075 million in output, and $0.653 million in GSP.
Tipo: Journal Article Palavras-chave: Farmers’ markets; Input-output models; Net economic impact; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Food Consumption/Nutrition/Food Safety; R15; Q13; Q18.
Ano: 2008 URL: http://purl.umn.edu/45523
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Net economic impacts of achieving maximum economic yield in fisheries AgEcon
Norman-Lopez, Ana; Pascoe, Sean.
Improving the economic performance of fisheries is becoming increasingly important in fisheries management, and in some cases, maximum economic yield (MEY) is set as a key management target. However, associated with MEY is a level of fishing activity that is lower than would otherwise occur, even in fisheries managed to achieve the maximum sustainable yield. This will result in losses in economic activity elsewhere in the economy, potentially resulting in a net loss to society in the short to medium term. In this paper, an input-output framework is used to estimate the net economic impact of achieving MEY in Australian fisheries. While incomes are reduced in other sectors of the economy, the net impact of achieving MEY in fisheries is dependent on how...
Tipo: Conference Paper or Presentation Palavras-chave: Maximum economic yield; Fisheries management; Net economic impact; Input-output analysis; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/59108
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