Services and industrial development: analysis of industrial policy, trends and issues for the forest-based sector

Päivi Pelli

Journal of Forest Economics, 2018, vol. 31, issue C, 17-26

Abstract: Increasing role of services in the economy has been recognized in the forest-based sector, yet the phenomenon and its possible impacts remain little studied. The forest-based sector companies operate in international markets and their products feed into a wide range of industrial activities. Increasing role of services as change in the operating environment of these companies can be expected to influence also on the upstream of the forest-based value chains, and better understanding of such developments is needed. This study analyses documents of the EU industrial policy and economic cooperation at international level from the year 2000 onwards, and asks: 1) how the increasing role of services is assessed as part of industrial development, 2) which trends and drivers are identified, and 3) whether and how the issues related to the natural resources base are addressed with regard to this phenomenon. The study concludes that instead of thinking of the increasing role of services as a trend in the external environment of the forest-based sector, it can also be assessed as a symptom of more profound changes underway in the industrial production. The recent industrial policy documents emphasize the new technology-enabled production modes that revolutionize how production, distribution and value capture can be organized. By assessing the developments only with accustomed metrics, such as number and volume of services, important opportunities and challenges may remain unrecognized for the forest-based sector. The paper concludes questions for future research to address this issue.

Keywords: industrial policy; manufacturing; services; forest-based sector; production revolution (search for similar items in EconPapers)
JEL-codes: L73 O14 O25 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1104689916301027
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:foreco:v:31:y:2018:i:c:p:17-26

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/701775/bibliographic
http://www.elsevier. ... 701775/bibliographic

DOI: 10.1016/j.jfe.2017.11.003

Access Statistics for this article

Journal of Forest Economics is currently edited by P. Gong and R. Brännlund

More articles in Journal of Forest Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().