Economic impacts of Maine's Maple industry
Todd Gabe
MPRA Paper from University Library of Munich, Germany
Abstract:
The purpose of this study is to examine the statewide economic contribution of maple production in Maine.Maine has the third largest maple production industry in the United States—behind Vermont and New York—in terms of numbers of taps and syrup production in 2013. The maple production industry in Maine is characterized by a relatively small number of farms accounting for the vast majority of syrup that is produced. Maine’s maple industry has an annual statewide economic contribution, including multiplier effects, of an estimated $48.7 million in output, 805 full- and part-time jobs, and $25.1 million in labor income.
Keywords: Maple Syrup; Economic Impact; Maine (search for similar items in EconPapers)
JEL-codes: Q12 Q13 R15 (search for similar items in EconPapers)
Date: 2014-02
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:65962
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