Agriculture-Based Economic Development in NYS: The Contribution of Agriculture to the New York Economy
| dc.contributor.author | Schmit, Todd M. | |
| dc.date.accessioned | 2019-05-20T15:31:12Z | |
| dc.date.available | 2019-05-20T15:31:12Z | |
| dc.date.issued | 2014-05 | |
| dc.description | E.B. 2014-04 | |
| dc.description.abstract | In 2011, agricultural industries, including agricultural production, support services, and manufacturing, directly contributed $37.6 billion in output, 115.0 thousand jobs, and $9.8 billion in gross domestic product to the New York State economy. When backward-linked supply chain effects (indirect effects) and spending out of labor income (induced effects) are considered, these values grow to $53.7 billion, 206.6 thousand, and $19.6 billion, respectively. This implies relatively strong multiplier or ripple effects in agriculture, whereby every additional $1 in output in agriculture generates an additional $0.43 in backward linked non-agricultural industries, every additional job in agriculture generates an additional 0.80 non-agricultural jobs, and every additional $1 in gross domestic product generates an addition $1.13 in non-agricultural contributions to gross domestic product. | |
| dc.identifier.uri | https://hdl.handle.net/1813/66055 | |
| dc.language.iso | en_US | |
| dc.title | Agriculture-Based Economic Development in NYS: The Contribution of Agriculture to the New York Economy | |
| dc.type | report | |
| dcterms.license | http://hdl.handle.net/1813/57595 |
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