The aim of this project is to revise the baseline information (which is currently over 10 years old) in relation to the contribution of forestry to Northern Ireland economy and estimate the economic contribution of the forestry/woodland sector based on Gross Value Added (GVA) and employment using available data.
The impact of any economic activity on the local/national economy is typically described in terms of its effect on employment and contribution to the GVA. The GVA measures the contribution to the economy of individual producers, industries or sectors, and is equivalent to their gross output less their purchased inputs.
This project also aims to provide non-market contributions of the forest/woodland sector to the Northern Ireland economy in terms of improving human health and wellbeing.