Arctic Communities

Arctic Communities

Economy / Fiscal Policy

Economy and Fiscal Policy





Natural Resources




News and Announcements

Economic Importance of the Bristol Bay Salmon Fishery

A new report by ISER economists Gunnar Knapp, Mouhcine Guettabi, and Scott Goldsmith assesses the economic importance of the Bristol Bay salmon fishery, the world's most valuable wild salmon fishery. Nearly half the wild sockeye salmon harvested worldwide come from Bristol Bay. The researchers found that as of 2010, Bristol Bay salmon created $1.5 billion in sales value across the United States—through harvesting, processing, and retailing of Bristol Bay salmon—and the additional economic effects of those activities. The fishery supports 12,000 seasonal jobs in fishing and processing in Alaska—the equivalent of 2,000 year-round jobs—and about 8,000 additional jobs, across multiple states [...]

May 13th, 2013|

Northrim gives grant of $100,000 to ISER for ongoing research initiative, Investing for Alaska’s Future

In early April, Northrim Bank made a grant of $100,000 to ISER for its ongoing research initiative, Investing for Alaska's Future. Northrim has now granted ISER a total of $1 million for this research, which is examining the importance of investment for building a strong Alaska economy. Scott Goldsmith, professor emeritus of economics at ISER, directs the initiative. The photo shows (left to right) Tom Case, UAA chancellor; Scott Goldsmith; Marc Langland, chairman, Northrim; and Joe Beedle, president, Northrim. To learn more about Investing for Alaska and research so far, click here.

April 16th, 2013|

Lunchtime Talk: Food For Fairbanks: Where Does It Come From?

Come to ISER and hear Ken Meter, one of the most experienced food-systems analysts in the country, talk about his recent his recent study of the food economy in Fairbanks and nearby areas. He has studied food systems in 30 states, and has long advocated community-based food systems as one way for communities to sustain themselves over the long run. He is president of Crossroads Resource Center, a non-profit organization based in Minneapolis that works with communities around the country. When: Thursday, March 14, 12 to 1 Where: ISER conference room, Diplomacy Building, fifth floor Download the announcement (PDF, 200KB)

March 12th, 2013|

How Much Do Natural Amenities Add to Residential Property Values in the Mat-Su Borough?

In a new analysis, Matthew Berman and Jeffrey Armagost of ISER estimate that natural amenities—mainly salmon streams and lakes but also public parks and other protected areas—contribute roughly 37% of the total $7 billion in appraised value of vacant land and residential property in the Mat-Su Borough. The analysis is based on characteristics of residential parcels (both vacant land and land with cabins or houses) sold in the borough in 2009 and 2010. The work was supported by The Nature Conservancy, the Bullitt Foundation, and the U.S. Fish and Wildlife Service. Download the report (PDF, 274KB)

March 11th, 2013|

Wealth Management for the Owner State

A presentation by Scott Goldsmith, professor emeritus of economics at ISER, to Commonwealth North, examining whether the state government is saving enough of its petroleum wealth to sustain economic prosperity into the future—and if the state isn't saving enough, how it could. Download the PDF (3.5MB)

March 5th, 2013|

2013 Alaska Construction Spending Forecast

The estimated value of construction spending in Alaska in 2013 will be about $8.4 billion, up 8% from spending in 2012. That's according to the 2013 Alaska Construction Spending Forecast, prepared by Scott Goldsmith and Mouhcine Guettabi of ISER for the Associated General Contractors of Alaska. More spending in the oil and gas sector will account for most of the growth. Also adding to expected growth in the coming year are a large state capital budget for fiscal year 2013 and $453 million in general obligation bonds voters approved for transportation projects in the November 2012 election. Download the forecast (PDF, [...]

February 28th, 2013|
Load More Posts