@article{Sell:23355,
      recid = {23355},
      author = {Sell, Randall S. and Bangsund, Dean A. and Leistritz, F.  Larry},
      title = {CONTRIBUTION OF THE BISON INDUSTRY TO THE NORTH DAKOTA  ECONOMY; SUMMARY},
      address = {2000},
      number = {1189-2016-94090},
      series = {Agricultural Economics Report 442-S},
      pages = {11},
      year = {2000},
      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.},
      url = {http://ageconsearch.umn.edu/record/23355},
      doi = {https://doi.org/10.22004/ag.econ.23355},
}