(Article of periodic en Anglais - 2013)

Document title

On the importance of forest assets for micro-firm performance

Authors(s) and Affiliation(s)


  • Dept. of Geography and Economic History, Univ., Umeå, SUEDE


This research set out to explore the importance of the value of forest holdings owned by entrepre¬neurs for the economic performance of micro-firms, with a hypothesis that assets stemming from forest ownership benefit firms and provide them with financial stability and resilience to economic fluctuations. It shows that forest assets positively and significantly influence firm performance in terms of earnings before interest and taxes, but not in terms of value added. As regards regional variations, firms located outside the metropolitan regions – as compared to those at the top of the urban hierarchy – are likely to perform better, thus indicating that local development may benefit from resource transfers from the forest sector to micro-firms engaged in non-primary activities


Article of periodic

published at : Fennia (Helsinki, 2010) / ISSN 1798-5617

Editor : University of Turku, Turku - FINLANDE (2010)

Millesime : 2013, vol. 191, no2 [pp. 122-142]




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