Alaska's Gross State Product, 1961-1993

Authors

• Scott Goldsmith
• Teresa Hull
• Alexandra Hill

Files

Description

Gross state product for Alaska is the sum of the value added in Alaska in the production of all the goods and services produced in a year. It is Alaska's contribution to the US gross domestic product. Gross product for an industry is its value added calculated as the market value of output minus the cost of purchased goods and services used in production. For example, the gross product in the Pulp and Paper Manufacturing sector is the market value of pulp produced minus the cost of purchased logs and other inputs such as petroleum and legal services. Value added in timber harvesting, petroleum wholesaling, business services, and other activities providing inputs to pulp manufacturing is separately calculated if produced within the state. If these inputs are imported from another state, they are excluded from the calculation. Tills method captures the value added contributed by each industry and avoids double counting. Tabulated data follows our description of gross state product for Alaska.

Publication Date

4-17-1994

Keywords

gross state product, production, transportation, crude petroleum, fishing, mining, timber, infrastructure

Recommended Citation

Goldsmith, Scott; Hull, Teresa; and Hill, Alexandra, "Alaska's Gross State Product, 1961-1993" (1994). Reports. 441.
https://scholarworks.alaska.edu/uaa_iser_reports/441

Handle

http://hdl.handle.net/11122/12345