Publication
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Publication
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The impacts of timber tract characteristics on the likelihood of participation by timber consultants are examined using a detailed data set on timber sales from North Carolina. General catagories of determinants include tract values, the inherent uncertainty concerning tract values, and the costs of presale measurement (cruising) and contract enforcement services provided by consultants. Empirical results indicate that variables included as measures of inherent uncertainty and of presale measurement and contract enforcement costs have statistically significant impacts on consultant participation. Contrary to common wisdom, however, variables included to measure the impacts of tract value generally are not statistically significant.
Fiscal Year: fy98 ·
Problem Area: pa98-1 ·
Source: extra
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Citation:
Munn, I. A. and R. R. Rucker. 1998. Predicting forestry consultant participation based on physical characteristics of timber sales. Journal of Forest Economics 4(2):105-125. Want more? Send an email to dwear@fs.fed.us
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Forest Economics and Policy |
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USDA Forest Service Southern Research Station |