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  6. Assessing the Economic Impacts of Food Hubs on Regional Economies: A Framework that Includes Opportunity Costs

Assessing the Economic Impacts of Food Hubs on Regional Economies: A Framework that Includes Opportunity Costs

File(s)
Assessing-the-economic-impacts-of-food-hubs-on-regional-economies.pdf (327.38 KB)
Permanent Link(s)
https://hdl.handle.net/1813/103503
Collections
Dyson School Faculty Papers
Local and Regional Food Systems Collection
Author
Jablonski, B.B.R.
Schmit, T.M.
Kay, D.
Abstract

The number of food hubs—businesses that aggregate and distribute local food—in the United States is growing, fueled in part by increasing public support. However, there have been few data-driven assessments of the economic impacts of these ventures. Using an input-output-based methodology and a unique data set from a successful food hub, we measure net and gross impacts of a policy supporting their development. We estimate a gross output multiplier of 1.75 and an employment multiplier of 2.14. Using customer surveys, we estimate that every $1 increase in final demand for food hub products generates a $0.11 reduction in purchases in other sectors.

Journal / Series
Agricultural and Resource Economics Review
Volume & Issue
Vol. 45, Iss. 1
Date Issued
2016-04
Publisher
Cambridge University Press
Keywords
economic impact assessment
•
food hub
•
food policy
•
food systems
•
local food
Related DOI
https://doi.org/10.1017/age.2016.9
Previously Published as
Jablonski, B.B.R., T.M. Schmit, and D. Kay. 2016. “Assessing the Economic Impacts of Food Hubs on Regional Economies: A Framework that Includes Opportunity Costs.” Agricultural and Resource Economics Review 45(1):143-172.
Type
article
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