Estimating Timber Investment Potential in the South for the 1998 RPA Assessment
Investigators:
David N. Wear,
USDA-Forest Service, Southern Research Station
Runsheng Yin, University of Georgia
David H. Newman, University of Georgia
Description:
This study investigates timber production potential on a county-by-county basis in the South.
Production potential is defined using concepts from the analysis of production frontiers. Using empirical
data on timber harvesting patterns, stochastic production frontiers are estimated for various subregions
of the South. Counties with actual production that departs from efficient levels defined by the frontiers
have potential for expanded production. Those that have substantially higher production may be
producing at levels that are not sustainable. Models are being estimated using data from Timber
Product Output surveys, Forest Inventories, and Timber Mart South records. Research is ongoing.
(This study is largely funded by the 1998 RPA Assessment).
Problem Area(s):
Timber investment
Status:
Ongoing
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modified:
13-MAR-2000
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USDA FS SRS
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