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A ranch-level economic model is linked to a social accounting matrix (SAM), a.k.a. LP-SAM, to investigate the impact of wildfire on the regional economy. This study is the expansion of Alevy and Harris (2008) with a stochastic wildfire model based on historical wildfire data. The LP-SAM model is used to estimate the impact of wildfire in southeast Oregon. Wildfire limits ranchers’ access to public grazing land and causes the economic losses of $20-65 million per year in the near future, equivalently about 0.2%~0.5% of the total value of regional production. Cattle and ranching sector loses $7-20 million per per year (3% ~ 8% of total sectoral production) per year. The value of agricultural and hay production decrease by $1.7 -5.1 million directly due to wildfire and indirectly due to reduction of cattle sector production. This study suggests that the wildfire loss can be substantial and efforts to reduce wildfire damage to public lands should be expanded.