This Presentation

• Description of a harvest timing model

• Description of a technique to spatially define the market

• Elaboration of findings consistent with profit-maximizing harvest timing:

  • stand ages vary according to factors associated with harvest and transport costs

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We begin our presentation by briefly describing the harvest timing model that serves as the driver of our analysis. We proceed by outlining a method of defining the spatial distribution of sawmills and pulp mills in the Appalachians of Virginia and North Carolina.

Our results will show that we find significant relationships between stand age and distances to sawmills and pulp mills. Consistent with theory and expectations, as distances (and therefore costs to transport wood) to mills increase, expected stand age increases. This finding holds up generally for stands owned by nonindustrial private individuals (NIPFs) and industry-managed stands. There may also be support for the relationship for government-managed stands as well.