Download - Henderson nacaa slide by slide
![Page 1: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/1.jpg)
Economic Impact of Mississippi’sForest Resources
Logging, Solid Wood Products,Pulp and Paper, and Wood Furniture Manufacturing
James E. HendersonAssistant Extension Professor
Department of Forestry
![Page 2: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/2.jpg)
Mississippi’s Forest Resources
• 19.6 million acres• 65% of the state’s total
land area• Major component of
Mississippi’s economic base
Source: Forest Inventory & Analysis Factsheet Mississippi 2006, U.S. Forest Service
< 25%
25 – 49
50 – 74
>75%
Percentage of land in forest by county
![Page 3: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/3.jpg)
Mississippi’s Forest Resources
• Over $1 billion worth of forest products harvested annually and delivered to mills and other manufacturing plants
• Timber harvesting and product manufacturing has impact on state economy
Source: Forest Inventory & Analysis Factsheet Mississippi 2006, U.S. Forest Service
< 25%
25 – 49
50 – 74
>75%
Percentage of land in forest by county
![Page 4: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/4.jpg)
Photo by Laurie Grace
![Page 5: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/5.jpg)
Economic Impact of Forest Products Industry
Henderson, J.E., I.A. Munn, G. Perez-Verdin, D.L. Grebner. 2008.
![Page 6: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/6.jpg)
• The importance of forestry and forest products is well documented at the state level.
• But what impact does it have at the county level?
• Introducing a new publication series to address that question.
Economic Impact of Forest Products Industry
![Page 7: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/7.jpg)
The Economic Contribution of Forestry and Forest Products to Mississippi Counties
![Page 8: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/8.jpg)
Forest Products Industry Impacts Economy In Three Ways:
Direct Effect
Indirect Effect
Induced Effect
Total Effect
Forestry & Forest
Products
Purchases from
supporting sectors
Employee spending
![Page 9: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/9.jpg)
Input – Output Analysis
• Economy divided into 440 sectors.
• Depicts inter-industry relations of an economy.
• Shows how output of one industry is an input to other industries or sectors of the economy. IMPLAN: input-output modeling software
![Page 10: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/10.jpg)
Economic Impact on Mississippi’s Economy Measured by:
• Employment – the number of full- and part-time jobs in the sector
• Employee compensation – the wages paid by the sector
• Output – the sector’s total value of production
• Value-added – total sector output minus the costs of purchased
inputs
![Page 11: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/11.jpg)
The Economic Contribution of Forestry and Forest Products to Mississippi Counties
![Page 12: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/12.jpg)
![Page 13: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/13.jpg)
![Page 14: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/14.jpg)
![Page 15: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/15.jpg)
![Page 16: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/16.jpg)
Jobs
![Page 17: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/17.jpg)
JobsDirect Effect• 695 jobs• 17.6% of county
![Page 18: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/18.jpg)
JobsDirect Effect• 695 jobs• 17.6% of countyIndirect and Induced• 590 jobs• 14.9% of county
![Page 19: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/19.jpg)
JobsDirect Effect• 695 jobs• 17.6% of countyIndirect and Induced• 590 jobs• 14.9% of countyTotal Impact• 1,285 jobs• 32.5% of county
![Page 20: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/20.jpg)
Income
![Page 21: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/21.jpg)
IncomeDirect Effect• $58 Million in income• 36.3% of county
![Page 22: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/22.jpg)
IncomeDirect Effect• $58 Million in income• 36.3% of countyIndirect and Induced• $18 Million in income• 11.5% of county
![Page 23: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/23.jpg)
IncomeDirect Effect• $58 Million in income• 36.3% of countyIndirect and Induced• $18 Million in income• 11.5% of countyTotal Impact• $76 Million in income • 47.8% of county
![Page 24: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/24.jpg)
Output
![Page 25: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/25.jpg)
OutputDirect Effect• $352.8 Million• 46% of county
![Page 26: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/26.jpg)
OutputDirect Effect• $352.8 Million• 46% of countyIndirect and Induced• $57 Million• 7.5% of county
![Page 27: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/27.jpg)
OutputDirect Effect• $352.8 Million• 46% of countyIndirect and Induced• $57 Million• 7.5% of countyTotal Impact• $410 Million• 53.5% of county
![Page 28: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/28.jpg)
Value Added
![Page 29: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/29.jpg)
Value AddedDirect Effect• $95.5 Million• 35% of county
![Page 30: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/30.jpg)
Value AddedDirect Effect• $95.5 Million• 35% of countyIndirect and Induced• $33.9 Million• 12.5% of county
![Page 31: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/31.jpg)
Value AddedDirect Effect• $95.5 Million• 35% of countyIndirect and Induced• $33.9 Million• 12.5% of countyTotal Impact• $129.4 Million• 47.6% of county
![Page 32: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/32.jpg)
![Page 33: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/33.jpg)
![Page 34: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/34.jpg)
![Page 35: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/35.jpg)
Timber Harvest Value (2007)
![Page 36: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/36.jpg)
Forest Products Facilities
Source: U.S. F.S
![Page 37: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/37.jpg)
Population
Economic Impact(in percentage terms):Greater in rural countiesSmaller in urban counties
![Page 38: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/38.jpg)
Total Jobs ImpactAs Percent of County Total
Total Jobs ImpactDirect, Indirect, & Induced
Economic Impact:Greater in rural countiesSmaller in urban counties
![Page 39: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/39.jpg)
Total Jobs ImpactAs Percent of County Total
Total Jobs ImpactDirect, Indirect, & Induced
Economic Impact:Smaller in urban counties
![Page 40: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/40.jpg)
Total Jobs ImpactAs Percent of County Total
Total Jobs ImpactDirect, Indirect, & Induced
Economic Impact:Greater in rural counties
![Page 41: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/41.jpg)
Standing Timber Value
Estimation process:
2007 Product Prices applies to standing timber volume estimates:
Hardwood and SoftwoodSawtimber and Pulpwood
Source:Mississippi Institute for Forest Inventory (MIFI)
![Page 42: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/42.jpg)
Standing Timber Value
![Page 43: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/43.jpg)
The Economic Contribution of Forestry and Forest Products to Mississippi Counties
![Page 44: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/44.jpg)
This information is available online!
www.MSUCares.com
![Page 45: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/45.jpg)
![Page 46: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/46.jpg)
![Page 47: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/47.jpg)
![Page 48: Henderson nacaa slide by slide](https://reader036.vdocuments.site/reader036/viewer/2022062300/5539eb484a795979798b49cb/html5/thumbnails/48.jpg)
THANK YOU