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Diversification into Specialty Crops Production as a Regional Economic Development Strategy for Northeast Arkansas: An Economic Impact Analysis

Author

Listed:
  • Armah, Paul
  • Wimberly, Jim
  • Phillips, Gregory
  • Pagan, Anett
  • McVey, Alan

Abstract

This study evaluates potential economic impacts on the region that may result from diversifying into vegetable crops. Five vegetables: okra, Southern peas, snap beans, summer squash, and sweet potatoes are evaluated. The evaluations entail analyses of potential regional economic impacts, using IMPLAN 3.0. The results exhibit strong multiplier effects and economic contributions in the region to output, employment, value-added, and income generation. The results also show that vegetable production can be important source of indirect and induced economic activities in the region. These indicate that vegetable production can have positive impacts and linkages in the region’s economy and may not be ignored in developing economic strategies for the region

Suggested Citation

  • Armah, Paul & Wimberly, Jim & Phillips, Gregory & Pagan, Anett & McVey, Alan, 2016. "Diversification into Specialty Crops Production as a Regional Economic Development Strategy for Northeast Arkansas: An Economic Impact Analysis," Journal of Food Distribution Research, Food Distribution Research Society, vol. 47(1), pages 1-9, March.
    • Handle: RePEc:ags:jlofdr:232298
    DOI: 10.22004/ag.econ.232298
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    References listed on IDEAS

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    1. Torre Ugarte, Daniel de la & He, Lixia & Jensen, Kimberly L. & English, Burton C. & Willis, Kaelin, 2008. "Estimating Agricultural Impacts of Expanded Ethanol Production: Policy Implications for Water Demand and Quality," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6700, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Keywords

    Agribusiness; Crop Production/Industries;

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