Economic Contributions of Agriculture, Natural Resources, and Food Industries in Florida in 2015

EDIS ◽  
2017 ◽  
Vol 2017 (5) ◽  
Author(s):  
Alan W. Hodges ◽  
Mohammad Rahmani ◽  
Christa D. Court
Keyword(s):  
Value Added ◽  
Economic Modeling ◽  
Labor Income ◽  
Food Industries ◽  
Business Taxes ◽  
Commodity Production ◽  
Industry Output ◽  
Property Income ◽  
Broad Array ◽  
Industry Sectors

This analysis was conducted using the Implan regional economic modeling system and associated state and county databases (IMPLAN Group LLC) to estimate economic multipliers and contributions for over 500 different industry sectors. Multipliers capture the indirect and induced economic activity generated by re-spending of income or sales revenues in a regional economy. A collection of 121 industry sectors were included in the analysis to represent the broad array of activities encompassed by agricultural and natural-resource commodity production, manufacturing, distribution and supporting services in Florida. Economic contributions can be measured in terms of employment, industry output, value added, exports, labor income, other property income, and business taxes. A glossary of economic terms used in this report is provided following this summary.

scholarly journals Growth and Challenges in Florida's Environmental Horticulture Industry

2007 ◽  
Vol 17 (3) ◽  
pp. 371-378
Author(s):  
Alan W. Hodges ◽  
John J. Haydu
Keyword(s):  
Value Added ◽  
State Governments ◽  
Full Time ◽  
Gross Margin ◽  
Total Employment ◽  
Business Taxes ◽  
Industry Output ◽  
Fiscal Impacts ◽  
Part Time ◽  
Employment Impacts

Total Florida environmental horticulture industry sales in 2005 were $15.24 billion (B), whereas total industry output amounted to $10.39 B with $3.01 B for wholesale nurseries, $5.25 B for landscape services, and $2.13 B for horticultural retailers, which reflects the average gross margin on retail sales. Direct employment in the industry was 190,000 full-time jobs plus nearly 104,000 temporary, part-time, or seasonal jobs. Total employment impacts were 319,000 full-time and part-time/seasonal jobs, including 24,000 jobs created in other sectors of the economy. Total value-added or income impacts of $8.65 B included $5.19 B in labor income for employee wages, salaries, and business owner (proprietor) income. Fiscal impacts included $549 million (M) in indirect business taxes paid to local and state governments. Results for 2005 compared with previous studies performed for 1997 and 2000 indicate that growth in the industry has been dramatic over this time period. Industry sales increased from $8.35 B in 1997 to $15.24 B in 2005, representing a 7.8% average annual compound growth rate, whereas employment impacts grew at a 9.2% annual rate, and value-added impacts grew by 4.7%. The study also evaluated the impacts to the industry from eight hurricanes that struck Florida during 2004 and 2005. Nearly 80% of surveyed firms were adversely impacted by at least one hurricane. Total damages and losses resulting from hurricanes were estimated at $2.12 B, including product (crop) losses of $1.05 B, structural damages of $465 M, and cleanup costs of $605 M. Product losses of at least $100,000 were sustained by 22% of firms, whereas structural damages and cleanup costs of this level were suffered by 12% and 8% of firms, respectively. Nearly half (48%) of the firms had their business interrupted for 3 weeks or more. Despite these large losses, the industry continues to thrive.

Measuring Benefits of Rural and Small Urban Transit in Greater Minnesota

2021 ◽  
pp. 036119812199001
Author(s):  
Jeremy Mattson ◽  
Del Peterson
Keyword(s):  
Economic Impacts ◽  
Value Added ◽  
Decision Makers ◽  
Labor Income ◽  
Urban Transit ◽  
Societal Benefits ◽  
Transit Services ◽  
Potential Benefits ◽  
Transit Agencies ◽  
Benefit Cost

The objective of this research was to measure the benefits of rural and small urban transit services in Minnesota. The study accomplished this by first identifying, describing, and classifying the potential benefits of transit. Second, a method was developed to measure these benefits. Where possible, benefits were quantified in dollar values. Other benefits that could not be quantified in monetary terms were either quantified in another way or described qualitatively. The study included an analysis of societal benefits and economic impacts within local communities. Third, the developed method was applied to a series of six case studies across Greater Minnesota. Data were collected through onboard rider surveys for each of the six transit agencies. Total benefits and benefit-cost ratios were estimated for the six transit agencies—all showed benefits that exceeded costs—and results were generalized to Greater Minnesota. Economic impacts were also estimated showing the effect on jobs, labor income, and value added. This research provides information to assess the benefits of public spending on transit, which gives decision makers the data needed to inform investment decisions.

scholarly journals Regional Disparities in Turkey: A Socio-Economic Perspective

2020 ◽  
Vol 9 (3) ◽  
pp. 103
Author(s):  
Hacer Simay Karaalp-Orhan
Keyword(s):  
Economic Development ◽  
Low Income ◽  
Social Indicators ◽  
Value Added ◽  
Regional Disparities ◽  
Localization Economies ◽  
Urbanization Economies ◽  
Industry Sectors ◽  
Very High ◽  
East West

Economic development, for any country, is one of the most important objectives to be achieved. However, development cannot be realized in all regions and provinces of a county at the same time and speed. Turkey also struggles against a persistent economic development problem among regions in east-west and coast-inland for many years. This study aims to analyze the regional inequalities in Turkey under the scope of economic, demographic and social indicators from 2007 to the latest data. The results indicate that TR-10 Istanbul is the engine region of Turkey in terms of industrialization and development with the highest contribution (31%) based on service and industry sectors, to the gross value added. Other industrialized regions are the Aegean region where localization economies mainly dominated and the East Marmara and TR51-Ankara regions where urbanization economies operated in. Agricultural activities heavily concentrated in Aegean, Antalya, Konya and Şanlıurfa regions. In these regions, participation in the labour market is also very high. However, the highest income inequality and poverty is also found in TR10, TR62 and TR21 regions. The less developed region is the Southeast Anatolian region in terms of low income, education, health and high unemployment, young population and immigration rates. Keywords: Regional disparities, regional development, socio-economic indicators, Turkey

scholarly journals Dampak Kenaikan Tarif Dasar Listrik Terhadap Kinerja Sektor Pertanian di Indonesia dalam Jangka Pendek dan Panjang

2018 ◽  
Vol 22 (1) ◽  
pp. 36
Author(s):  
Sahara Sahara
Keyword(s):  
Computable General Equilibrium ◽  
Negative Impact ◽  
Household Consumption ◽  
Electricity Price ◽  
Agricultural Product ◽  
Long Run ◽  
Industry Output ◽  
Short Run ◽  
Negative Impacts ◽  
Industry Sectors

Increasing on electricity price by Indonesian Government in 2001 by 17.47% and 2002 by 24% not only has negative impact on industry sectors but also on agricultural sectors. This paper aims to analysis impact on agricultural sectors performance with using a Recursive Dynamic Computable General Equilibrium (CGE) Model, namely “INDOF model”. The simulation indicates both in the short run and long run increasing on electricity price will reduce industry output, household consumption and employment in agricultural sectors. Besides that the policy will increase price of agricultural product. The negative impacts except household consumption are higher in the long run than that in the short run.

The intellectual capital needs of a transitioning economy

2015 ◽  
Vol 16 (3) ◽  
pp. 466-489 ◽  
Author(s):  
Allan O'Connor ◽  
Kai Du ◽  
Göran Roos
Keyword(s):  
Strategic Management ◽  
Intellectual Capital ◽  
Value Chain ◽  
Value Added ◽  
Intangible Asset ◽  
Firm Level ◽  
Content Type ◽  
Economic Productivity ◽  
Industrial Sectors ◽  
Industry Sectors

Purpose – Developed economies with high-cost environments face industrial transitions from scale-based manufacturing (MAN) to knowledge, technology and intangible asset-based sectors. The purpose of this paper is to examine the changes in employment and value-adding profiles of transitioning industry sectors in Australia and discuss the implications for policy that influences the intellectual capital (IC) profile of industrial sectors in transition. Design/methodology/approach – The approach borrowed concepts from the firm-level strategic management literature and applied them to a macro level of industry analysis. In this paper the authors examine the transitions in the Australian economy which, due to a rising cost base, is experiencing a decline in its value chain-oriented MAN sector. The authors contrast four industry sectors with the MAN sector and examine the different value creation models. Findings – The findings clearly show how the contribution to employment and value added (termed Economic Value Contribution ) of the different sectors vary. The authors extend these findings to a discussion on policy and the dimensions of IC that may have a role to play in facilitating transitions within an economy. The main conclusion is that a more rapid transition and higher value may be created if innovation and entrepreneurship are facilitated by targeted policies in transitioning sector. Research limitations/implications – This work is based on a single country analysis of selected industry sectors. Further work needs to be done across many more countries to contrast the findings across nations/regions that differ in industrial complexity and to refine the analytical framework to improve construct validity and increase analytical power. Practical implications – This work has implications for policy-makers facing the challenges of a transitioning economy, whether national or regional. Governments that are hands-on with respect to interventions to salvage and/or extend the life of sectors are at risk of missing opportunities to build the capacities and capabilities of emerging sectors while those governments that are hands-off, deferring to market mechanisms, risk transitions that are too little and/or too late to maintain a national or regional competitiveness. Originality/value – To the authors knowledge, this is the first attempt to integrate the specific firm-level strategic management perspectives, used in this paper, with the macro-policy level to examine industry sectors with the twin metrics of economic productivity and employment in transitioning economies.

2020 national park visitor spending effects: Economic contributions to local communities, states, and the nation

2021 ◽  
Author(s):  
Catherine Thomas ◽  
Lynne Koontz
Keyword(s):  
National Parks ◽  
National Park ◽  
Value Added ◽  
Labor Income ◽  
Local Economies ◽  
Economic Output ◽  
Interactive Tool ◽  
Park Service ◽  
Trend Data ◽  
State And Local

The National Park Service (NPS) manages the Nation’s most iconic destinations that attract millions of visitors from across the Nation and around the world. Trip-related spending by NPS visitors generates and supports economic activity within park gateway communities. This report summarizes the annual economic contribution analysis that measures how NPS visitor spending cycles through local economies, generating business sales and supporting jobs and income. In 2020, the National Park System received over 237 million recreation visits (down 28% from 2019). Visitors to national parks spent an estimated $14.5 billion in local gateway regions (down 31% from 2019). The estimated contribution of this spending to the national economy was 234,000 jobs, $9.7 billion in labor income, $16.7 billion in value added, and $28.6 billion in economic output. The lodging sector saw the highest direct effects, with $5 billion in economic output directly contributed to this sector nationally. The restaurants sector saw the next greatest effects, with $3 billion in economic output directly contributed to this sector nationally. Results from the Visitor Spending Effects report series are available online via an interactive tool. Users can view year-by-year trend data and explore current year visitor spending, jobs, labor income, value added, and economic output effects by sector for national, state, and local economies. The interactive tool is available at https://www.nps.gov/subjects/socialscience/vse.htm.

scholarly journals Structural Changes to Nuclear Energy Industries and the Economic Effects Resulting from Energy Transition Policies in South Korea

Energies ◽  
2020 ◽  
Vol 13 (7) ◽  
pp. 1806
Author(s):  
Hana Kim ◽  
Eui-Chan Jeon
Keyword(s):  
South Korea ◽  
Nuclear Power ◽  
Economic Impacts ◽  
Methodological Approach ◽  
Value Added ◽  
Nuclear Industry ◽  
Soft Landing ◽  
Nuclear Decommissioning ◽  
Input Structure ◽  
Industry Sectors

The world’s aging fleet of nuclear power reactors faces decommissioning. Because decommissioning is implemented through a series of procedures, and this process changes the links between some industries, its economic impact needs to be investigated. This study compared the economic impacts of three nuclear industry sectors—nuclear generation, nuclear power construction, and nuclear decommissioning—using input-output analysis in South Korea, the first Asian country that has declared a nuclear phaseout. The study also traced changes in the structure of the nuclear industry during the Korean nuclear phaseout and the consequent economic impacts. The study found that the implementation of the nuclear phaseout will lead to a decrease in the induced outputs and the value added of nuclear industries in South Korea; however, this would be offset by deploying more renewable energy. In addition, the temporal impacts on individual sectors vary depending on changes in the number of reactors being decommissioned and the expenditure profile of the nuclear decommissioning sector. The findings call for policy measures that support a soft landing for nuclear industry sectors and related stakeholders, timely development of necessary technologies, and transparency in public communication. This study provides a methodological approach and input structure that can be used for studies in other countries.

Tradeoffs in water extremes: combining hydraulic and economic modeling to assess the economic and financial viability of de Lastras de Cuéllar Dam, Spain

2020 ◽  
Author(s):  
Héctor González López ◽  
C. Dionisio Pérez-Blanco ◽  
Laura Gil-García
Keyword(s):  
Value Added ◽  
Flood Damage ◽  
Hydrologic Model ◽  
Economic Modeling ◽  
Adaptation Strategies ◽  
Regulated River ◽  
Damage Functions ◽  
Flood Depth ◽  
Operation Rules ◽  
Floods And Droughts

<p><strong>Abstract</strong></p><p>Growing population and water demand (e.g for irrigation, water supply) and the vagaries of climate, now aggravated due to climate change, intensify societal exposure to water extremes and the economic and environmental impact of floods and droughts in Mediterranean basins. The Douro River Basin Authority (DRBA) in central Spain is assessing whether to build a dam in the Cega Catchment (Spain) with the twofold objective of substituting irrigation withdrawals from overallocated aquifers with relatively more abundant surface water, and of mitigating flood damage in the middle and lower stretches of the Cega River -the only non-regulated river in the DRB. This paper assesses and compares the costs of two alternative adaptation strategies to growing scarcity and more frequent and intense water extremes, namely dam construction v. the statu quo strategy where no dam is built. To this end, a Positive Multi-Attribute Utility Programing (PMAUP) that mimics farmer´s behavior and responses is used to assess the impacts on agricultural employment and gross value added of selected strategies in the irrigation sector; while the hydrologic model River Analysis System (HEC-RAS) is used to simulate the economic impact of flood events considering standard return periods, based on the global flood depth-damage functions developed by Huizinga et al. (2017). Both models are used to run 900 simulations reproducing alternative socioeconomic and climatic/hydrologic scenarios. The result is a database representing multiple plausible futures, which is used to identify vulnerabilities of proposed adaptation strategies and potential tradeoffs between responses -notably those referring to the design and operation rules of the dam, and the potential impact of floods and droughts. This methodology and the resultant database are combined with experts’ knowledge through robust decision-making tools to identify the preferred (i.e. robust) adaptation policy.</p>

scholarly journals Efficient production of myo-inositol in Escherichia coli through metabolic engineering

2020 ◽  
Author(s):  
Ran You ◽  
Lei Wang ◽  
Congrong Shi ◽  
Hao Chen ◽  
Shasha Zhang ◽  
...  
Keyword(s):  
Escherichia Coli ◽  
Metabolic Engineering ◽  
Carbon Flux ◽  
Value Added ◽  
Efficient Production ◽  
Wild Type ◽  
Food Industries ◽  
E Coli ◽  
Mixed Carbon Source

Abstract Background: The biosynthesis of high value-added compounds using metabolically engineered strains has received wide attention in recent years. Myo-inositol (inositol), an important compound in the pharmaceutics, cosmetics and food industries, is usually produced from phytate via a harsh set of chemical reactions. Recombinant Escherichia coli strains have been constructed by metabolic engineering strategies to produce inositol, but with a low yield. The proper distribution of carbon flux between cell growth and inositol production is a major challenge for constructing an efficient inositol-synthesis pathway in bacteria. Construction of metabolically engineered E. coli strains with high stoichiometric yield of inositol is desirable.Results: In the present study, we designed an inositol-synthesis pathway from glucose with a theoretical stoichiometric yield of 1 mol inositol/mol glucose. Recombinant E. coli strains with high stoichiometric yield (>0.7 mol inositol/mol glucose) were obtained. Inositol was successfully biosynthesized after introducing two crucial enzymes: inositol-3-phosphate synthase (IPS) from Trypanosoma brucei, and inositol monophosphatase (IMP) from E. coli. Based on starting strains E. coli BW25113 (wild-type) and SG104 (ΔptsG::glk, ΔgalR::zglf, ΔpoxB::acs), a series of engineered strains for inositol production was constructed by deleting the key genes pgi, pfkA and pykF. Plasmid-based expression systems for IPS and IMP were optimized, and expression of the gene zwf was regulated to enhance the stoichiometric yield of inositol. The highest stoichiometric yield (0.96 mol inositol/mol glucose) was achieved from recombinant strain R15 (SG104, Δpgi, Δpgm, and RBSL5-zwf). Strain R04 (SG104 and Δpgi) reached high-density in a 1-L fermenter when using glucose and glycerol as a mixed carbon source. In scaled-up fed-batch bioconversion in situ using strain R04, 0.82 mol inositol/mol glucose was produced within 23 h, corresponding to a titer of 106.3 g/L (590.5 mM) inositol.Conclusions: The biosynthesis of inositol from glucose in recombinant E. coli was optimized by metabolic engineering strategies. The metabolically engineered E. coli strains represent a promising method for future inositol production. This study provides an essential reference to obtain a suitable distribution of carbon flux between glycolysis and inositol synthesis.

scholarly journals Development of Mango and Tomato Paste and It's Physico-Chemical Characterization

2020 ◽  
pp. 165-171
Author(s):  
Dakshan Kumar Nethaji ◽  
Sakamuri Suresh ◽  
J. Esther Hellan Prasanna ◽  
V. Vijayagopal ◽  
Gurusamy Ramesh
Keyword(s):  
Chemical Characterization ◽  
Value Added ◽  
Food Industries ◽  
Mango Tree ◽  
Tomato Paste ◽  
Physico Chemical ◽  
Wide Range ◽  
Tomato Product ◽  
Tomato Pulp ◽  
Fresh Pulp

Mangoes are most widely used in cuisine. The Soil requirement for cultivation of Mango tree is a hardy perennial and evergreen tree and it can be grown on a wide range of soils. Value added product such as Milk Shakes can be obtained from fresh pulp of Mango which acts as an excellent source of Vitamin-A and flavonoids. Similar to that high quality Tomato product can be prepared from tomato pulp by using uniformly ripened, red colour tomato. Thus Tomato is nutritious and mostly eaten as processed fruit. So the importance of Climatic Fruit in food industries for the manufacturing of value added Product has received great attention. So the objective of present study is to analyse the composition of mango and tomato and to develop the pulp, and also to know its shelf life which favour the health benefits.

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