AbstractsEconomics

The economic impact of vegetable production in northeast Arkansas

by Angelia D Smith




Institution: Arkansas State University
Department:
Year: 2016
Keywords: Agricultural economics
Posted: 02/05/2017
Record ID: 2115366
Full text PDF: http://pqdtopen.proquest.com/#viewpdf?dispub=10142964


Abstract

Across the region of Northeastern Arkansas row crop production has become the staple of agricultural production. This study evaluates potential economic impacts on the NEA region that may result from diversifying into vegetable crop production. Five vegetables, Okra, Southern Peas, Snap Beans, Summer Squash, and Sweet Potatoes are evaluated. The evaluations entail analyses of potential regional economic impacts, using IMPLAN 3.0. The results exhibit strong multiplier effects and economic contributions in the region to output, employment, value-added, and income generation. The results also show that vegetable production can be an important source of indirect and induced economic activities in the NEA region. These indicate that vegetable production can have positive impacts and linkages in the region’s economy and may not be ignored in developing economic strategies for the region.