Publication

Regional assessment and interregional comparisons of forest investment

Wear, D. N.

Because forestry is a long term production activity, every management activity (even inactivity) can be construed as an investment. Accordingly, assessing the level of investment within a dynamic region such as the South is a substantial challenge. Likewise, it is difficult to construct meaningful comparisons of investment across regions, especially when regions have distinct forest types with distinct growth rates and investment responses. But this is exactly what is called for in international agreements on forest sustainability- most notably, the Santiago Declaration. This paper explores various approaches to developing regional indicators of forest investment. These approaches are compared using readily available forest inventory data compiled at various levels of aggregation. Investment is then compared across parts of the South and between the South and other regions of the United States. Results highlight the increasing dominance of the South in the wood products industry.

Fiscal Year: fy00 ·  Problem Area: pa98-1 ·  Theme: cctrgnas ·  Source: resunit   <== Explain

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