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THE ROLE OF AGRICULTURE IN OREGON'S ECONOMIC BASE: FINDINGS FROM A SOCIAL ACCOUNTING MATRIX

Edward C. Waters, Bruce A. Weber and David W. Holland

Journal of Agricultural and Resource Economics, 1999, vol. 24, issue 01, 15

Abstract: Most studies of a state's economic base count as "basic" only the "traditional" exports of goods, federal spending, and business investment. "Nontraditional" elements of the economic base (including exports of services, federal transfers to state/local governments and households, and extraregional property income) are typically ignored. We construct a social accounting matrix (SAM) for Oregon and estimate Oregon's economic base accounting for both traditional and nontraditional elements. Almost 20% of Oregon's jobs depend on extraregional income to households (including government transfers and outside property income), 11% depend on lumber and wood and paper products, and 8% depend on agriculture.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:30881

DOI: 10.22004/ag.econ.30881

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