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We use a computable general equilibrium (CGE) model to investigate impacts of three exogenous shocks to Alaska fisheries: i) a 31% reduction in the walleye pollock allowable catch; ii) a 125% increase in fuel price; and iii) both shocks simultaneously. The latter scenario reflects actual industry...
Persistent link: https://www.econbiz.de/10009443709
This study estimates the dynamic impacts of the seafood industry and investigates multivariate relationships between basic and nonbasic sectors. The study regions are two fishery-dependent regions in Alaska, which are heavily dependent on extra-regional inputs such as non-resident labor and...
Persistent link: https://www.econbiz.de/10009444686
In 1986, Andrews and Rossi reviewed input-output (IO)studies of U.S. fisheries. Since then, many more fisheries studies have appeared using IO and other types of regional economic models, such as Fishery Economic Assessment Models, Social Accounting Matrices, and Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10009445071
The input-output (IO) analysis explores changes in final demand through the regional economy using multipliers. However, it isn’t flexible to investigate the regional impact from the capacity limitations which are directly imposed on production, not final demand. This is because the...
Persistent link: https://www.econbiz.de/10009445813
Regional economic impact models are important tools used to analyze the impacts of policy changes to a regional, state, county, or local economies. The National Environmental Policy Act requires economic analysis in preparing environmental impact statements to show the effects of policy...
Persistent link: https://www.econbiz.de/10009446761