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Untangling Economic Impacts for Alaska Fisheries: A Structural Path Analysis

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  • Chang K. Seung

Abstract

Fishery managers are often provided with economic impact multipliers calculated using input-output (IO) or social accounting matrix (SAM) models. However, these multipliers measure total economic impacts and do not provide the fishery managers with the details underlying how and along what paths these total economic impacts are generated and transmitted throughout a regional economy. This article uses a structural path analysis (SPA) to illustrate how an initial shock to a fishery sector generates impacts through various paths in a regional economy and to what extent these impacts are amplified while passing through the various paths. The SPA analysis is conducted within a SAM framework for the fisheries of the Southeast region of Alaska.

Suggested Citation

  • Chang K. Seung, 2015. "Untangling Economic Impacts for Alaska Fisheries: A Structural Path Analysis," Marine Resource Economics, University of Chicago Press, vol. 30(3), pages 331-347.
    • Handle: RePEc:ucp:mresec:doi:10.1086/680444
    DOI: 10.1086/680444
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    Cited by:

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    2. Ashok K. Mishra & Jeffrey M. Gillespie, 2016. "Hiring Preferences for Nonimmigrant Labor: The Case of the Seafood Processing Industry," Marine Resource Economics, University of Chicago Press, vol. 31(1), pages 83-99.
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    6. Dahal, Ram P. & Aguilar, Francisco X. & McGarvey, Ronald G. & Becker, Dennis & Abt, Karen L., 2020. "Localized economic contributions of renewable wood-based biopower generation," Energy Economics, Elsevier, vol. 91(C).

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