Estimating Economic Impacts of Timber-Based Industry Expansion in Northeastern Minnesota

摘要

Analysis of current and projected timber Supplies in northeastern Minnesota indicates that expanded timber-based industrial activity could be supported. The impacts of a hypothetical industrial development scenario, including construction of waferboard plants and a wood-fueled power plant, were estimated using an input-output model. Development had noticeable impacts on the study area economy, e.g., regional employment and gross output.