Untangling Economic Impacts for Alaska Fisheries: A Structural Path Analysis

Chang K. Seung

Marine Resource Economics, 2015, vol. 30, issue 3, 331 - 347

Abstract: Fishery managers are often provided with economic impact multipliers calculated using input-output (IO) or social accounting matrix (SAM) models. However, these multipliers measure total economic impacts and do not provide the fishery managers with the details underlying how and along what paths these total economic impacts are generated and transmitted throughout a regional economy. This article uses a structural path analysis (SPA) to illustrate how an initial shock to a fishery sector generates impacts through various paths in a regional economy and to what extent these impacts are amplified while passing through the various paths. The SPA analysis is conducted within a SAM framework for the fisheries of the Southeast region of Alaska.

Date: 2015
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