Profitability and competitiveness of forestry in European countries

Abstract

Competitiveness of the forest sector is a necessary prerequisite for the multiple benefits that sustainable forestry provides to society. There is no universal indicator of competitiveness. GDP of the forestry and contribution of forestry to the GDP could be suitable indicators for the forest sector. Competitiveness of forestry may be evaluated by gross and net value added and by the entrepreneurial income as well. The aim of this paper was to compare the competitiveness of forestry in selected European countries based on the results of Economic Accounts for Forestry. On the basis of provided analyses it can be stated: there are great differences in profitability and competitiveness among the particular countries and between the indicators per employee and hectare of forest as well. The state of economy as well as the region has a statistically significant influence on profitability.