NATURAL RESOURCE SUPPLY CONSTRAINTS AND REGIONAL ECONOMIC ANALYSIS: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH



Table 5. Results: Comparative Aggregate Employment Impacts (Number of Jobs)

Model Configuration

LOG SHOCKS:_______

Intermediate-Run (CGE)

Fixed-Price (IO)

50% Reduction

Logging & Wood Products

-928

-1,246

Other

-387

-914

Total

-1,315

-2,160

Employment Multiplier

1.42

1.73

80% Reduction

Logging & Wood Products

-1,786

-1,993

Other

-746

-1,460

Total

-2,582

-3,453

Employment Multiplier

______________1.42_______________

_____________1.73_______________

Table 6. Results: Comparative Aggregate Income Impacts (millions of $’s)

Model Configuration

LOG SHOCKS:_____

Intermediate-Run (CGE)

Fixed-Price (IO)

Moderate (-50%)

Household Income

Low Income hhs.

-2.15

-3.92

Med. Income hhs.

-18.45

-30.39

High Income hhs.

-10.42

-17.92

Total

-31.02

-52.23

Severe (-80%)

Household Income

Low Income hhs.

-4.17

-6.260

Med. Income hhs.

-35.44

-48.590

High Income hhs.

-20.08

-28.65

Total

________________-59.69______________

_________-83.500___________

23



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