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Assessing the economic impacts of food hubs on regional economies: a framework that includes opportunity cost

dc.contributor.authorJablonski, B. B. R., author
dc.contributor.authorSchmit, T. M., author
dc.contributor.authorKay, D, author
dc.contributor.authorAgricultural and Resource Economics Review, publisher
dc.date.accessioned2021-03-12T17:36:35Z
dc.date.available2021-03-12T17:36:35Z
dc.date.issued2016-04-29
dc.description.abstractThe number of food hubs—businesses that aggregate and distribute local food—in the United States is growing, fueled in part by increasing public support. However, there have been few data-driven assessments of the economic impacts of these ventures. Using an input-output-based methodology and a unique data set from a successful food hub, we measure net and gross impacts of a policy supporting their development. We estimate a gross output multiplier of 1.75 and an employment multiplier of 2.14. Using customer surveys, we estimate that every $1 increase in final demand for food hub products generates a $0.11 reduction in purchases in other sectors.
dc.format.mediumborn digital
dc.format.mediumarticles
dc.identifier.bibliographicCitationJablonski, B. B. R., et al. “Assessing the Economic Impacts of Food Hubs on Regional Economies: A Framework That Includes Opportunity Cost.” Agricultural and Resource Economics Review, vol. 45, no. 1, Cambridge University Press, 2016, pp. 143–72, doi:10.1017/age.2016.9.
dc.identifier.doihttps://doi.org/10.1017/age.2016.9
dc.identifier.urihttps://hdl.handle.net/10217/226598
dc.languageEnglish
dc.language.isoeng
dc.publisherColorado State University. Libraries
dc.relation.ispartofFaculty Publications
dc.rights.licenseThis article is open access and distributed under the terms and conditions of the Creative Commons Attribution 4.0 International (CC BY 4.0).
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjecteconomic impact assessment
dc.subjectfood hub
dc.subjectfood policy
dc.subjectfood systems
dc.subjectlocal food
dc.titleAssessing the economic impacts of food hubs on regional economies: a framework that includes opportunity cost
dc.typeText

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