Description
ANNOTATION: This study examined the economic impacts of woody biomass utilization for bioenergy conversion in Mississippi. Analysis of economic impacts was organized around three groups of events: (1) recovery of logging and thinning residues, (2) electricity generation from cofiring systems, and (3) construction and operation of biofuel facilities. Results showed that the single activity of recovery of all available logging and thinning residues would create a considerable number of jobs and stimulate the rural economy with more resources coming to local industries and households. Due to construction and operation costs, economic impacts of biofuels were higher than biopower. However, biofuels reported the lowest employment and value-added multipliers of all three groups.