Economic Impacts of Agriculture in Eight Northeastern States

Rigoberto Lopez, Nataliya Plesha () and Benjamin Campbell
Additional contact information
Nataliya Plesha: University of Connecticut

No 2, Zwick Center Research Reports from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy

Abstract: At the request of Farm Credit East (FCE), the purpose of this report is to document and ascertain the significance of the agriculture sector in the economies of eight Northeastern states: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont. 1 Agriculture is defined as encompassing agricultural production (i.e., crops, livestock, fisheries and forestry) and agricultural, forestry and fishery/seafood processing that is closely tied to the underlying production sectors. The study excludes the landscape service sector from the main analysis, but because it is significant in the environmental horticulture industry, it is included separately as a special sector. Also excluded are secondary processing sectors that do not use a state’s agricultural and forestry production such as bakeries and soft drinks manufacturing, which are economically important but, if included, would overstate economic impacts attributable directly to a state’s agriculture sector. Finally, this study does not include the value of ecosystem services, open space, and other non-market benefits derived from agriculture, which are significant but beyond the scope of this study. Because the agriculture sector purchases goods and services from other industries in their states and hires local labor, its economic impact cascades throughout the entire state economy, resulting in a “multiplier” or economic stimulus effect when spillover effects on other industries are taken into account. Using 2012 data (the latest available) on direct sales (at farm or factory or fishery gate) of 35 agriculture sectors, this study estimates the total economic impact of agriculture through the use of an input-output IMPLAN model that converts a sector’s direct sales into statewide sales, statewide value added and statewide jobs. Total impacts in the eight Northeastern states are simply the sum of impacts in each state.

Pages: 53
Date: 2014-12
New Economics Papers: this item is included in nep-agr
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://zwickcenter.uconn.edu/documents/ResearchReportno2.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to zwickcenter.uconn.edu:80 (No such host is known. )

Related works:
Working Paper: Economic Impacts of Agriculture in Eight Northeastern States (2015)
Working Paper: Economic Impacts of Agriculture in Eight Northeastern States (2015)
Working Paper: Economic Impacts of Agriculture in Eight Northeastern States (2015)
Working Paper: Economic Impacts of Agriculture in Eight Northeastern States (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zwi:uconnr:02

Access Statistics for this paper

More papers in Zwick Center Research Reports from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy Contact information at EDIRC.
Bibliographic data for series maintained by ().