The impact of Alaskan oil development on the Washington-Alaska trade

Washington State serves as a marketing and transportation center for Alaska trade. This study estimates, via a Location Quotient Input-Output model for Alaska, the impact Alaskan oil development will have on various economic sectors in both states. A From-To table and the existing Washington Input-Output table quantified the impacts on Washington.The Alaska oil development impact will result in a tripling of the Alaskan economy's output from 1972 to 1980. The largest impact in Alaska will be on the Service, Finance, Agriculture, Trade, and State and Local Government sectors. The impact on Washington will be felt in sectors of Transportation, Finance, Trade, and Agriculture resulting in an aggregate increase in the Washington economy of 10.6 percent if 50 percent of Alaska's import requirements are provided by Washington, and 5.3 percent if the import movement is 25 percent.Work was done under Regional project 0191, An Economic Analysis of present and potencial Trade Between Alaska Washington.