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Calculating impacts of exogenous output changes: application of a social accounting matrix (SAM) model to Alaska fisheries

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  • Chang Seung
  • Edward Waters

Abstract

Some previous studies calculated backward linkage and forward linkage effects of exogenous change in output capacity using mixed endogenous–exogenous models within an input–output (IO) or social accounting matrix (SAM) framework. For calculating forward linkage effects, these studies used the supply-drive(Ghosh in Economica 25(1):58–64, 1958 ) approach. However, the Ghosh approach has been criticized based on its problematic theoretical interpretation. This study uses an Alaska SAM model to estimate the regional economic impacts of restricting catch of Pacific cod and Atka mackerel in the Aleutian Islands in order to protect Steller sea lions. This study overcomes the problem of calculating forward linkage effects in the previous studies by running the SAM model with (1) changes in output converted to final demand shocks and (2) regional purchase coefficients for all the directly impacted industries (fish harvesting and processing industries) set equal to zero. The impacts of the shift in harvest opportunities in response to the Steller sea lion protection measures are displayed in terms of changes in output, employment, value added, household income, and state and local government revenue. Copyright Springer-Verlag Berlin Heidelberg (outside the USA) 2013

Suggested Citation

  • Chang Seung & Edward Waters, 2013. "Calculating impacts of exogenous output changes: application of a social accounting matrix (SAM) model to Alaska fisheries," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(2), pages 553-573, October.
    • Handle: RePEc:spr:anresc:v:51:y:2013:i:2:p:553-573
    DOI: 10.1007/s00168-012-0546-9
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    1. Waters, Edward C. & Weber, Bruce A. & Holland, David W., 1999. "The Role Of Agriculture In Oregon'S Economic Base: Findings From A Social Accounting Matrix," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(1), pages 1-15, July.
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    1. Wang, Ying & Hu, Jianfeng & Pan, Haoran & Li, Shiyu & Failler, Pierre, 2016. "An integrated model for marine fishery management in the Pearl River Estuary: Linking socio-economic systems and ecosystems," Marine Policy, Elsevier, vol. 64(C), pages 135-147.
    2. Seung, Chang K. & Waters, Edward C. & Barbeaux, Steven J., 2021. "Community-level economic impacts of a change in TAC for Alaska fisheries: A multi-regional framework assessment," Ecological Economics, Elsevier, vol. 186(C).
    3. Vega, Amaya & Miller, Ana Corina & O'Donoghue, Cathal, 2014. "The Seafood Sector in Ireland: Economic Impacts of Seafood Production Growth Targets," Working Papers 163051, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    4. López, María del Carmen Delgado & Fonseca-Zendejas, Alejandro Steven, 2023. "Analysis of the intersectoral synchronization of the Mexican economy," Structural Change and Economic Dynamics, Elsevier, vol. 64(C), pages 225-235.
    5. Chang K. Seung, 2020. "Key sector analysis for a subnational region with leakages," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 65(3), pages 619-644, December.
    6. Seung, Chang K., 2017. "A Multi-regional Economic Impact Analysis of Alaska Salmon Fishery Failures," Ecological Economics, Elsevier, vol. 138(C), pages 22-30.
    7. Seung, Chang K. & Kim, Do-Hoon & Yi, Ju-Hyun & Song, Se-Hyun, 2021. "Accounting for price responses in economic evaluation of climate impacts for a fishery," Ecological Economics, Elsevier, vol. 181(C).
    8. Amaya Vega & Ana Corina Miller & Cathal O'Donoghue, 2014. "The Seafood Sector in Ireland. An Assessment of the Employment Effects of Seafood Production Growth Targets," The Institute for International Integration Studies Discussion Paper Series iiisdp447, IIIS.
    9. Vega, Amaya & Corina Miller, Ana & O’Donoghue, Cathal, 2014. "Economic impacts of seafood production growth targets in Ireland," Marine Policy, Elsevier, vol. 47(C), pages 39-45.
    10. Surís-Regueiro, Juan C. & Santiago, Jose L., 2018. "Assessment of Socioeconomic Impacts Through Physical Multipliers: The Case of Fishing Activity in Galicia (Spain)," Ecological Economics, Elsevier, vol. 147(C), pages 276-297.

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    Keywords

    R15; Q22;

    JEL classification:

    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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