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Estimation of Income and Employment Multipliers for Marine-Related Activity in the Southern New England Marine Region

Published online by Cambridge University Press:  10 May 2017

Thomas A. Grigalunas
Affiliation:
Department of Resource Economics, University of Rhode Island, Kingston
Craig A. Ascari
Affiliation:
Bureau of Economic Analysis, U.S. Department of Commerce
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Abstract

This paper summarizes some results of a Sea Grant-funded economic input-output study of marine-related activity in the Southern New England Marine Region. Data were obtained from 390 personal interviews; in addition, a wealth of secondary data was used. Type I and Type II income and employment multipliers were estimated for each of the nineteen marine-related industries included in the model. The results provide a basis to assist analysts concerned with assessing the impacts on regional income and employment of marine-related policies or developments proposed for the Region.

Type
Articles
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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Footnotes

This research was funded by the University of Rhode Island Sea Grant Program (NOAA, U.S. Department of Commerce, Grant 04-8-Mo1-147) and Ag. Exp. Station (AES No. 1933) with a contribution from the R.I. Seafood Council. The space available does not allow the author to acknowledge appropriately the large number of individuals who contributed to the study summarized here. However, the authors wish to acknowledge the contributions of Joseph Farrell, Kevin Klarnet, Sandi McKenzie and Niels Rorholm. Any errors, of course, are the sole responsibility of the authors.

References

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