Harvesting choices and timber supply among landowners in the southern United States

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  • Authors: Zhang, Daowei; Sun, Xing; Butler, Brett J.; Prestemon, Jeffrey P.
  • Publication Year: 2015
  • Publication Series: Scientific Journal (JRNL)
  • Source: Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie. 63(3): 409-429.

Abstract

The recent rise of institutional timberland ownership has led to a significant change in the structure and conduct of the timber industry in the United States. In this study,we apply a two-period harvest model to assess the timber harvesting behavior of various landowners at the stand level by utilizing USDA Forest Service Forest Inventory and Analysis data for nine southern states. Forest industry and institutional timberland owners were found to be more likely to conduct partial and final harvests than nonindustrial private forest landowners. Aggregately, Timberland Investment Management Organizations were found to be most, and timberlandReal Estate InvestmentTrusts to be least, price-responsive among ownership groups

  • Citation: Zhang, Daowei; Sun, Xing; Butler, Brett J.; Prestemon, Jeffrey P. 2015. Harvesting choices and timber supply among landowners in the southern United States. Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie. 63(3): 409-429. 21 p. DOI: 10.1111/cjag.12060
  • Posted Date: October 22, 2015
  • Modified Date: October 22, 2015

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