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

dc.contributor.authorJablonski, B.B.R.
dc.contributor.authorSchmit, T.M.
dc.contributor.authorKay, D.
dc.date.accessioned2021-03-16T18:05:20Z
dc.date.available2021-03-16T18:05:20Z
dc.date.issued2016-04
dc.description.abstractThe 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.citationJablonski, 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.urihttps://hdl.handle.net/1813/103503
dc.language.isoen
dc.publisherCambridge University Press
dc.relation.doihttps://doi.org/10.1017/age.2016.9
dc.relation.ispartofseriesAgricultural and Resource Economics Review
dc.subjecteconomic impact assessment
dc.subjectfood hub
dc.subjectfood policy
dc.subjectfood systems
dc.subjectlocal food
dc.titleAssessing the Economic Impacts of Food Hubs on Regional Economies: A Framework that Includes Opportunity Costs
dc.typearticle
dcterms.licensehttps://hdl.handle.net/1813/103498
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