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A Method to Estimate Input-Output Multipliers for the Forestry Sector Without an I-O Table

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Abstract:

An input-output (I-O) multiplier can help quantify the relationship between an initial investment and the subsequent increase in the total production of an economy. A method for quickly estimating I-O multipliers without an I-O table is presented. It requires only two variables, which can be obtained at a low cost. Five I-O models with significant forestry sectors are used to validate the analysis empirically by comparing the actual and estimated multipliers. The applicability of the method is then discussed. For. Sci. 34(4):882-893.

Keywords: Input-output; economic impact; forestry investment; sector analysis

Document Type: Journal Article

Affiliations: University of Massachusetts, Amherst, MA 01003

Publication date: 1988-12-01

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2015 Impact Factor: 1.702
    Ranking: 16 of 66 in forestry

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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