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The Role Of Agriculture In Oregon'S Economic Base: Findings From A Social Accounting Matrix

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  • Waters, Edward C.
  • Weber, Bruce A.
  • Holland, David W.

Abstract

Most studies of a state's economic base count as "basic" only the "traditional" exports of goods, federal spending, and business investment. "Nontraditional" elements of the economic base (including exports of services, federal transfers to state/local governments and households, and extraregional property income) are typically ignored. We construct a social accounting matrix (SAM) for Oregon and estimate Oregon's economic base accounting for both traditional and nontraditional elements. Almost 20% of Oregon's jobs depend on extraregional income to households (including government transfers and outside property income), 11% depend on lumber and wood and paper products, and 8% depend on agriculture.

Suggested Citation

  • 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(01), pages 1-15, July.
    • Handle: RePEc:ags:jlaare:30881
    DOI: 10.22004/ag.econ.30881
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