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Contribution Of The Bison Industry To The North Dakota Economy

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  • Sell, Randall S.
  • Bangsund, Dean A.
  • Leistritz, F. Larry

Abstract

The commercial bison industry is relatively new to North Dakota. There were an estimated 23,000 head of bison in North Dakota in 1998, and these animals were found in 47 of 53 counties. The purpose of this study was to estimate the economic contribution of the bison industry to the North Dakota economy. A survey of North Dakota bison producers and processors was conducted to provide estimates of direct impacts of bison activities within the state. Secondary economic impacts were determined using the North Dakota Input-Output Model. The direct impact of production and processing of bison in North Dakota in 1998 was estimated at $23 million. The $23 million in direct impacts generated an additional $47 million in secondary impacts within the state. The North Dakota bison industry supported a total of 757 secondary full- time equivalent (FTE) jobs within the state. Total economic activity generated within the state was estimated at $70 million, including $27 million in personal income and nearly $18 million in retail sales. In addition, the bison industry generated $4 million in tax revenue (including property, personal income, sales & use, and corporate income taxes). The direct impact of bison production in 1998 ranked fourth in North Dakota's livestock industry; below cattle and calves, dairy products, and hogs, and above turkey and sheep. The average direct impact generated for every bison in the state was $1,000. Total economic activity generated per bison in 1998 was $3,100 (includes direct and secondary impacts from production and processing). For every 30 head of bison an additional secondary FTE job was supported.

Suggested Citation

  • Sell, Randall S. & Bangsund, Dean A. & Leistritz, F. Larry, 2000. "Contribution Of The Bison Industry To The North Dakota Economy," Agricultural Economics Reports 23330, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23330
    DOI: 10.22004/ag.econ.23330
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    References listed on IDEAS

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    1. Coon, Randal C. & Leistritz, F. Larry & Hertsgaard, Thor A. & Leholm, Arlen G., 1985. "The North Dakota Input-Output Model: A Tool for Analyzing Economic Linkages," Agricultural Economics Reports 23304, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Hamm, Rita R. & Thompson, JoAnn M. & Coon, Randal C. & Leistritz, F. Larry, 1993. "The Economic Impact of North Dakota's Health Care Industry on the State's Economy in 1991," Agricultural Economics Reports 23243, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Leistritz, F. Larry & Sell, Randall S. & Bangsund, Dean A., 1994. "Economic Contribution of the Wheat Industry to the Minnesota Economy," Agricultural Economics Reports 23303, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. Leistritz, F. Larry & Bangsund, Dean A., 1995. "Economic Contribution of the Wheat Industry to the North Dakota Economy," Agricultural Economics Reports 23291, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Leistritz, F. Larry & Sell, Randall S., 2000. "Agricultural Processing Plants In North Dakota: Socioeconomic Impacts," Agricultural Economics Reports 23470, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Bangsund, Dean A. & Leistritz, F. Larry, 1999. "Economic Contribution Of The Soybean Industry To North Dakota," Agricultural Economics Reports 23467, North Dakota State University, Department of Agribusiness and Applied Economics.
    7. Leistritz, F. Larry & Bangsund, Dean A., 1995. "Economic Contribution of the United States Sunflower Industry," Agricultural Economics Reports 23216, North Dakota State University, Department of Agribusiness and Applied Economics.
    8. Research Department, . "Agricultural Letter," Agricultural Letter, Federal Reserve Bank of Chicago, vol. 1957(419).
    9. Bangsund, Dean A. & Leistritz, F. Larry, 1998. "Economic Contribution Of The Sugarbeet Industry To North Dakota And Minnesota," Agricultural Economics Reports 23450, North Dakota State University, Department of Agribusiness and Applied Economics.
    10. Bangsund, Dean A. & Leistritz, F. Larry, 1998. "Economic Contribution Of The Barley Industry In North Dakota, South Dakota, And Minnesota," Agricultural Economics Reports 23423, North Dakota State University, Department of Agribusiness and Applied Economics.
    11. Coon, Randal C. & Leistritz, F. Larry, 1998. "The State Of North Dakota: Economic, Demographic, Public Service, And Fiscal Conditions - A Presentation Of Selected Indicators," Miscellaneous Publications 23076, North Dakota State University, Department of Agribusiness and Applied Economics.
    12. Bangsund, Dean A. & Leistritz, F. Larry, 1993. "Economic Contribution of the Sugarbeet Industry to the Economy of North Dakota and Minnesota," Agricultural Economics Reports 23250, North Dakota State University, Department of Agribusiness and Applied Economics.
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    Cited by:

    1. Yang, Shang-Ho & Woods, Timothy A., 2013. "Assessing Consumer Willingness to Pay for Ground Bison Given Nutrition Information," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143079, Southern Agricultural Economics Association.

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