Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network

Open Access. Powered by Scholars. Published by Universities.®

Economics

PDF

The University of Maine

Series

2020

Economics

Articles 1 - 3 of 3

Full-Text Articles in Entire DC Network

The Economic Contribution Of Logging And Trucking In Maine, Megan R. Bailey, Mindy S. Crandall, Anil Raj Kizha, Sheldon Green Mar 2020

The Economic Contribution Of Logging And Trucking In Maine, Megan R. Bailey, Mindy S. Crandall, Anil Raj Kizha, Sheldon Green

Economic Development

Maine's forest products industry has long been hailed as a backbone of the state's economy. Multiple reports have been commissioned detailing the economic role of the sector (e.g. Bailey, 2019; Anderson III and Crandall, 2016; Gabe, 2013). It was recently estimated that the forest products industry contributed $7.7 billion in output to the state's economy in 2016 (Bailey, 2019)

An essential component of the industry is logging—which directly effects the availability and cost of delivered wood. In 2014, researchers set out to specifically highlight the logging industry's economic role in Maine (Crandall, McCullock, Nick, Kizha, 2016). The work presented here …


The Economic Contribution Of Snowmobiling In Maine, Ian Hathaway, Jessica Leahy, Mindy S. Crandall Feb 2020

The Economic Contribution Of Snowmobiling In Maine, Ian Hathaway, Jessica Leahy, Mindy S. Crandall

Forest Resources Student Scholarship

Snowmobiling has been a popular winter pastime in Maine for decades. During the 2018-2019 snowmobiling season, nearly 60,000 snowmobiles were registered in Maine by resident snowmobilers, and over 25,000 snowmobiles were registered by non-residents. Since the 1998 report An Economic Evaluation of Snowmobiling in Maine, overall registrations have increased, and registrations among non-residents have more than doubled.

There has been no comprehensive evaluation of snowmobiling in Maine since the 1998 report completed by the University of Maine in collaboration with the Maine Snowmobile Association and State of Maine Snowmobile Program. In order to update the information on snowmobiling related expenditures, …


Maine Energy Overview, Mariya Pominova, Jonathan Rubin Jan 2020

Maine Energy Overview, Mariya Pominova, Jonathan Rubin

Economic Development

The state of Maine is a regional leader in renewable energy production and highly ranked nationally in proportion of renewable energy consumed. Maine is 3rd in the nation for highest percentage of renewable energy consumption as a share of state total (Maine State Energy Profile 2019). However, 61% of all primary energy consumed in Maine in 2017 was from non-renewable sources, about half of which were petroleum products. Because Maine does not have oil and natural gas reserves, it is reliant on oil and natural gas imports. This causes Maine to be subject to the volatility of national and …