Quantification of the influence of Písek City Forests Ltd. on the local economy of the region

Abstract

The aim of this paper is to highlight the possible way of quantification of the impact of forest enterprise and forest management on the economic and social development of the territory by using the methodology of the local multiplier calculation and identifying potential cash flows associated with the implementation of socioeconomic functions of forest ecosystems. The economic indicators to be analysed are the local expenditures of Písek City Forests Ltd. on suppliers and employees in 2015. The local multiplier is a specific microeconomic indicator which enables quantification and evaluation of socioeconomic benefits of the selected operator for the local people and entrepreneurs. The results of the specific university research project of Mendel University in Brno with the title: Quantification of the Influence of the Selected Forestry Enterprise on the Local Economy of the Region will allow us to evaluate the effect of the special-purpose forest enterprise and forest management on the economic and social development as well as to identify the potential cash flows related to the fulfilment of socioeconomic functions of the forest ecosystems in the area of interest of Písek City Forests Ltd.