Studies looking at the economic impact e.g. in terms of employment and gross value added, can be found here.

Assessing the investment returns from timber and carbon in woodland creation projects- August 2017

The voluntary carbon market for new woodlands has been growing in recent years. This research note examines the impacts of carbon credit sales on the financial returns to planting woodland.  It applies investment appraisal techniques to estimate the financial viability of woodland creation for five different woodland types – taking account of both carbon and timber receipts - and examines the implications for rotation lengths.

Scoping and Specifying a Dual Economic Analysis of Forestry in Scotland and Scotland's National Forest Estate - July 2013

This scoping study examines how the economic contribution of forestry in Scotland migh tbe analysed, including the employment and income generated by the National Forest Estate.

Valuing Forest Recreation Activities 2006: Phase 1 ReportFinal Phase 2 ReportTechnical AnnexSummary

This study was undertaken for the Forestry Commission by a team of environmental economists and social researchers, lead by Dr Mike Christie at Aberystwyth University. The study looks specifically at recreational users of forests, with the first stage focusing on the local economic impacts of visitors.  It also aimed to analyse the value that different groups of users attach to their visits, be it for cycling, horse riding, nature watching or a general visit.  Further analysis was undertaken to see what preferences these groups had for services at forest sites.

Woodland and Forest Sector England - July 2006

A mapping study carried out on behalf of the England Forest Industries Partnership by Jaokko Poyry Consulting. See "EFIP Mapping Study" in the link.

The Economic Impact of British Forestry - January 2004

This study presents estimates of the economic impacts of forestry in the UK. The first part offers an economic view of the industry in a policy context, and covers the main conclusions from the analysis. The second part sets out the detailed methodology behind the measurements, with scenarios presented in part 3. The report was carried out on behalf of the Forestry Commission by PACEC and Cogentsi, and completed in January 2004.

English Forestry Contribution to Rural Economies - January 2000

A study investigating the linkages between all aspects of economic activity reliant on forestry production and processing in England.  The output of this investigation is the quantification of forestry's contribution in terms of net output, gross output and employment to both the national and rural economies.  Recreational activities have been excluded from this assessment and will be the object of another study.

Welsh Forestry Multiplier Study - November 1999

The purpose of this study was to improve the understanding of the role of the forestry industry in the Welsh economy. The forestry industry was defined to include the activities of private forestry owners, Forest Enterprise, forest management companies, timber harvesting, extracting, haulage and marketing companies, and primary processors including sawmills, wood-based panel manufacturers and paper mills. The research was informed by an extensive questionnaire and interview survey of forestry industry organisations. The financial information generated by the survey was incorporated into an input-output model of the Welsh economy to allow the indirect or 'multiplier' impacts of sector changes to be estimated.

Scottish Forestry; An Input-Output Analysis - May 1999

A study to quantify the magnitude of the forestry sector's contribution to the Scottish economy.  By confining the analysis purely to the links arising from production and processing and ignoring the other benefits provided by Scottish woodlands (such as recreation, biodiversity, tourism and enhanced landscapes), the study is limited in scope.  However, it focuses on an important component of the sector's overall contribution to the Scottish economy, and one which is essential to a more comprehensive assessment of the value of Scottish forestry.