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20 March 2015 Untangling Economic Impacts for Alaska Fisheries: A Structural Path Analysis
Chang K. Seung
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Abstract

Fishery managers are often provided with economic impact multipliers calculated using input-output (IO) or social accounting matrix (SAM) models. However, these multipliers measure total economic impacts and do not provide the fishery managers with the details underlying how and along what paths these total economic impacts are generated and transmitted throughout a regional economy. This article uses a structural path analysis (SPA) to illustrate how an initial shock to a fishery sector generates impacts through various paths in a regional economy and to what extent these impacts are amplified while passing through the various paths. The SPA analysis is conducted within a SAM framework for the fisheries of the Southeast region of Alaska.

JEL Codes: R15, Q22.

© 2015 MRE Foundation, Inc. All rights reserved.
Chang K. Seung "Untangling Economic Impacts for Alaska Fisheries: A Structural Path Analysis," Marine Resource Economics 30(3), 331-347, (20 March 2015). https://doi.org/10.1086/680444
Received: 16 June 2014; Accepted: 1 January 2015; Published: 20 March 2015
JOURNAL ARTICLE
17 PAGES

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KEYWORDS
economic impacts
fisheries
social accounting matrix
Southeast Alaska
structural path analysis
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