THE ROLE OF AGRICULTURE IN OREGON'S ECONOMIC BASE: FINDINGS FROM A SOCIAL ACCOUNTING MATRIX

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.


Subject(s):
Issue Date:
1999-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30881
Published in:
Journal of Agricultural and Resource Economics, Volume 24, Number 1
Page range:
266-280
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-24

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