The Role of Agriculture in Oregon's Economic Base: Findings from a Social Accounting Matrix

oleh: Edward C. Waters, Bruce A. Weber, David W. Holland

Format: Article
Diterbitkan: Western Agricultural Economics Association 1999-07-01

Deskripsi

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.