A Method for Evaluating the Economic Contribution of a Local Food System

Despite growing interest in local food, modeling the economic contribution of this endogenous system is inherently problematic. We present a combined hypothetical extraction and import-substitution social accounting matrix model that overcomes these problems in a theoretically consistent and computationally feasible manner. The method can be applied broadly to many different definitions of a “local food system” and uses the same underlying method as traditional economic-base contribution models. We apply this model to the state of Idaho and compare the economic contribution of the local food system against the economic contribution of the export food system.


Issue Date:
May 01 2017
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/257997
ISSN:
1068-5502
Language:
English
Published in:
Journal of Agricultural and Resource Economics, 42, 2
Page range:
180-194




 Record created 2017-06-22, last modified 2020-10-28

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