The Economic Structure Of Utahs Farm Sector

Author : Donald L. Snyder
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (96 download)

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Download or read book The Size and Role of Agriculture in Utah written by Donald L. Snyder and published by . This book was released on 1989 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The methods outlined here are not as comprehensive nor (at least theoretically) as accurate as an input-output model, but they are a relatively low-cost way to assess the relative size of an economic sector. The approach does not consider higher-order impacts. Nonetheless, this estimate is reasonably accurate and results are similar to those obtained in more costly and complex approaches. The agricultural complex in Utah is clearly a substantial part of the state's economy and represents at least 10-12 percent of all business activity. Predictably, agriculture is even more important in the non-metropolitan and rural areas of the state. Indeed, in some areas of the state, more than 30 percent of economic activity is linked to agriculture. These results suggest that industries related to agriculture should be an integral part of any development plan for the state. The estimated size of the agricultural sector will vary depending on how it is defined. Figures 7 and 8 show the magnitude of agriculture under alternative definitions, and also illustrate how farms, ranches, and dairies are related to other agricultural industries. For example, production agriculture, suppliers of agricultural inputs, and the marketing of agricultural commodities provide total wages of $868.5 million and total employment of 46.1 thousand jobs (Figure 7). The size of agriculture under increasingly broader definitions can be assessed when portions of all other industries klinked to agriculture are included.