@article{Jablonski:250012, recid = {250012}, author = {Jablonski, B.B.R. and Schmit, T.M. and Kay, D.}, title = {Assessing the Economic Impacts of Food Hubs to Regional Economies: a framework including opportunity cost}, address = {2015-02}, number = {642-2016-43834}, series = {WP}, pages = {34}, year = {2015}, abstract = {The number of food hubs (‘local food’ aggregation and distribution businesses) is growing, fueled in part by increasing public support. However, few data-driven economic impact assessments have evaluated these ventures. Using an input-output-based methodology and, a unique data set from a successful food hub operation, we measure the net and gross impacts from a policy supporting its development. We estimate a food hub gross output multiplier of 1.75, and employment multiplier of 2.14. However, utilizing customer surveys, we estimate that for every $1 increase in final demand for food hub products, a $0.11 offset in purchases occurs in other sectors.}, url = {http://ageconsearch.umn.edu/record/250012}, doi = {https://doi.org/10.22004/ag.econ.250012}, }