Skip to Main Content
Forest resources, government policy, and investment location decisions of the forest products industry in the southern United StatesAuthor(s): Changyou Sun; Daowei Zhang
Source: Forest Science 47(2):169-177
Publication Series: Scientific Journal (JRNL)
PDF: View PDF (708.99 KB)
DescriptionIn this article, the results of an initial attempt to estimate the effects of state attributes on plant location and investment expenditure were presented for the forest products industry in the southern United States. A conditional logit model was used to analyze new plant births, and a time-series cross-section model to assess the total capital expenditure. Significant positive effects were found for personal income and forest inventory, and negative effects were found for population density. In the short run, tax and energy costs had negative impacts on new plant births in a state, while in the long run, stumpage price and environmental strigency had negative effects on the capital expenditure. Sensitivity of model specification was documented, and policy implications were discussed.
- You may send email to firstname.lastname@example.org to request a hard copy of this publication.
- (Please specify exactly which publication you are requesting and your mailing address.)
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
CitationSun, Changyou; Zhang, Daowei 2010. Forest resources, government policy, and investment location decisions of the forest products industry in the southern United States. Forest Science 47(2):169-177.
KeywordsIndustrial recruitment, forest-based economic development, tax, environmental regulatory stringency.
- Criterion 6, indicator 34 : value of capital investment and annual expenditure in forest management, wood and non-wood product industries, forest-based environmental services, recreation, and tourism
- Bilateral foreign direct investment in forest industry between the U.S. and Canada
- Harvest choice and timber supply models for forest forecasting
XML: View XML