A Methodological Framework for Decomposing the Value-Chain Economic Contribution: A Case of Forest Resource Industries of the Lake States in the United States

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A Methodological Framework for Decomposing the Value-Chain Economic Contribution: A Case of Forest Resource Industries of the Lake States in the United States


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Submission received: 21 December 2023
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Revised: 29 January 2024
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Accepted: 2 February 2024
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Published: 5 February 2024

Abstract

The forest products industries play a vital role in the economic, social, and environmental well-being of the Lake States in the United States. While various economic contribution analyses of forest products industries have been conducted to highlight the importance of such industries to regional economies, little effort has yet been made to parse out the contribution of activities in the value chain. The value chain is a series of steps involved in producing goods or services. This study used a matrix decomposition approach to estimate the economic contribution along the value chain through multiple pathways of four forest resource-based industries using wood as inputs: biomass power generation, sawmills, paper mills, and the construction of new single-family residential structures in the Lake States. The direct and indirect economic output values in 2017 resulting from the construction of new single-family residential structures were $19.1 billion, sawmills were $2.5 billion, paper mills were $17.6 billion, and the biomass power generation industry was $759 million. Of the direct and indirect economic output contributed by each industry, the highest percentage of output attributable to the logging industry was observed from the sawmills industry (12%), followed by biomass power generation (9%), paper mills (1.4%), and the construction of new single-family residential structures (<1%), respectively. The percentage of total economic output attributable to the stumpage industry in the region followed a similar trend as commercial logging for all value-chain industries. The relative economic contribution of the value-chain industries to the total economic contribution of the final industry varied based on whether the industry was a primary or secondary forest products industry and the pathways used for sourcing wood inputs.

Share and Cite

MDPI and ACS Style

Gc, S.; Thapa, I.; Pokharel, R.; Alward, G.; Lamsal, B.; Poudel, J.; Dahal, R.; Joshi, O.; Parajuli, R.; Wagner, J.;
et al. A Methodological Framework for Decomposing the Value-Chain Economic Contribution: A Case of Forest Resource Industries of the Lake States in the United States. Forests 2024, 15, 305.
https://doi.org/10.3390/f15020305

AMA Style

Gc S, Thapa I, Pokharel R, Alward G, Lamsal B, Poudel J, Dahal R, Joshi O, Parajuli R, Wagner J,
et al. A Methodological Framework for Decomposing the Value-Chain Economic Contribution: A Case of Forest Resource Industries of the Lake States in the United States. Forests. 2024; 15(2):305.
https://doi.org/10.3390/f15020305

Chicago/Turabian Style

Gc, Shivan, Ichchha Thapa, Raju Pokharel, Greg Alward, Basanta Lamsal, Jagdish Poudel, Ram Dahal, Omkar Joshi, Rajan Parajuli, John Wagner,
and et al. 2024. “A Methodological Framework for Decomposing the Value-Chain Economic Contribution: A Case of Forest Resource Industries of the Lake States in the United States” Forests 15, no. 2: 305.
https://doi.org/10.3390/f15020305

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