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A Method for Evaluating the Economic Contribution of a Local Food System

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Listed:
  • Watson, Philip
  • Cooke, Stephen
  • Kay, David
  • Alward, Greg
  • Morales, Alfonso

Abstract

Despite growing interest in local food, modeling the economic contribution of this endogenous system is inherently problematic. We present a combined hypothetical extraction and import-substitution social accounting matrix model that overcomes these problems in a theoretically consistent and computationally feasible manner. The method can be applied broadly to many different definitions of a “local food system” and uses the same underlying method as traditional economic-base contribution models. We apply this model to the state of Idaho and compare the economic contribution of the local food system against the economic contribution of the export food system.

Suggested Citation

  • Watson, Philip & Cooke, Stephen & Kay, David & Alward, Greg & Morales, Alfonso, 2017. "A Method for Evaluating the Economic Contribution of a Local Food System," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(2), May.
  • Handle: RePEc:ags:jlaare:257997
    DOI: 10.22004/ag.econ.257997
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    References listed on IDEAS

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    1. Hughes, David W. & Brown, Cheryl & Miller, Stacy & McConnell, Tom, 2008. "Evaluating the Economic Impact of Farmers' Markets Using an Opportunity Cost Framework," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 253-265, April.
    2. Watson, Philip & Wilson, Joshua & Thilmany, Dawn D. & Winter, Susan, 2007. "Determining Economic Contributions and Impacts: What is the difference and why do we care?," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(2), pages 1-7.
    3. Joseph Persky & David Ranney & Wim Wiewel, 1993. "Import Substitution and Local Economic Development," Economic Development Quarterly, , vol. 7(1), pages 18-29, February.
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    6. repec:ags:jrapmc:133140 is not listed on IDEAS
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    9. Henneberry, Shida Rastegari & Whitacre, Brian E. & Agustini, Haerani N., 2009. "An Evaluation of the Economic Impacts of Oklahoma Farmers Markets," Journal of Food Distribution Research, Food Distribution Research Society, vol. 40(3), pages 1-15, November.
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    Cited by:

    1. Zsófia Benedek & Imre Fertő & Viktória Szente, 2020. "The Multiplier Effects of Food Relocalization: A Systematic Review," Sustainability, MDPI, vol. 12(9), pages 1-18, April.
    2. Maureen Stickel & Steven Deller, 2020. "Local Foods and Local Economic Performance," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(2), pages 335-357, June.
    3. Susan (Sixue) Jia, 2021. "Local Food Campaign in a Globalization Context: A Systematic Review," Sustainability, MDPI, vol. 13(13), pages 1-11, July.
    4. Felix Haifeng Liao & Brendan Gordon & Colette DePhelps & Darin Saul & Chao Fan & Wenlong Feng, 2019. "A Land-Based and Spatial Assessment of Local Food Capacity in Northern Idaho, USA," Land, MDPI, vol. 8(8), pages 1-13, August.

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