The Contribution of the Grape and Wine Industry to Idahoâ€™s Economy: Agribusiness and Tourism Impacts
AbstractThe impact of Idahoâ€™s wine and grape industry was assessed as an agribusiness and as a tourist industry. Idahoâ€™s grape and wine industry is in its infancy, with wine sales of $15 million from 15 wineries and growers cultivating about 1,000 acres, primarily in southwestern Idahoâ€™s Canyon County. Synthesized output multipliers for wine tourism were virtually identical to the agribusiness output multipliers (1.86 and 2.10 for Canyon County and the state of Idaho, respectively). The wine and grape industryâ€™s agribusiness impact is $15 million in sales and 120 jobs in Idaho, and $23 million and 140 jobs for Canyon County. In contrast, tourism expenditures stimulate other businesses in addition to the agribusiness linkages of grape and wine production. Thus, only about three-fourths of the current wine production would be required to be sold to out-of-region tourists to equal the impact of the wine and grape industry as an agribusiness industry.
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Bibliographic InfoArticle provided by Agricultural Economics Association of Georgia in its journal Journal of Agribusiness.
Volume (Year): 25 (2007)
Issue (Month): 1 ()
Idaho; impact analysis; input/output models; tourism; wine; wine agribusiness; Agribusiness; Research and Development/Tech Change/Emerging Technologies;
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