Spatial economic effects of the use of local resources: case of cement-bonded wood fiber blocks

Use of local resources as a replace for resources brought from outside the region impacts the spatial allocation of value-added chains and causes spatial economic effects. Region benefits from multiplier economic effect caused by extra production volumes added within the region. Effects for national...

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Bibliographic Details
Published in:MATEC Web of Conferences
Main Authors: Kolesnikov Nikolai, Kolesnikova Natalia
Format: Article in Journal/Newspaper
Language:English
French
Published: EDP Sciences 2018
Subjects:
Online Access:https://doi.org/10.1051/matecconf/201819303041
https://doaj.org/article/4b089c5437e44f4dbd084bde7905cec7
Description
Summary:Use of local resources as a replace for resources brought from outside the region impacts the spatial allocation of value-added chains and causes spatial economic effects. Region benefits from multiplier economic effect caused by extra production volumes added within the region. Effects for national economy could be controversial if the replacing production is less efficient. The article considers the case of cement-bonded wood fiber construction blocks to be produced in the Republic of Karelia, Russia. Economic multiplier regional effects are assessed applying social accounting matrix approach.