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Economics

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The University of Maine

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2020

Logging

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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 …