Assessing the Economic Impacts of Food Hubs on Regional Economies: A Framework that Includes Opportunity Costs
| dc.contributor.author | Jablonski, B.B.R. | |
| dc.contributor.author | Schmit, T.M. | |
| dc.contributor.author | Kay, D. | |
| dc.date.accessioned | 2021-03-16T18:05:20Z | |
| dc.date.available | 2021-03-16T18:05:20Z | |
| dc.date.issued | 2016-04 | |
| dc.description.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. | |
| dc.identifier.citation | 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. | |
| dc.identifier.uri | https://hdl.handle.net/1813/103503 | |
| dc.language.iso | en | |
| dc.publisher | Cambridge University Press | |
| dc.relation.doi | https://doi.org/10.1017/age.2016.9 | |
| dc.relation.ispartofseries | Agricultural and Resource Economics Review | |
| dc.subject | economic impact assessment | |
| dc.subject | food hub | |
| dc.subject | food policy | |
| dc.subject | food systems | |
| dc.subject | local food | |
| dc.title | Assessing the Economic Impacts of Food Hubs on Regional Economies: A Framework that Includes Opportunity Costs | |
| dc.type | article | |
| dcterms.license | https://hdl.handle.net/1813/103498 | |
| schema.accessibilityFeature | taggedPDF | |
| schema.accessibilityFeature | readingOrder | |
| schema.issueNumber | Vol. 45, Iss. 1 |
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