Skip to Main Content
The Economics of Timber Supply: An Analytical Synthesis of Modeling ApproachesAuthor(s): David N. Wear; Peter J. Parks
Source: Natural Resource Modeling Volume 8, Number 3, Summer 1994
Publication Series: Miscellaneous Publication
PDF: View PDF (265 KB)
DescriptionThe joint supply of timber and other services from forest environments plays a central role in most forest land debates. This paper defines a general conceptual model of timber supply that provides the context for discussing both individual harvest choice and aggregate supply models. While the structure and breadth of these models has developed considerably over the last twenty years, unresolved issues remain. Supply formulations that account for the quality and vintage distribution of forest capital will be necessary for improving medium- and long-run forecasts. This will be especially important for examining the potential impacts of structural changes in forest production and timber markets. In addition, consistent aggregation of individual owners to total supply will be required to address changing forest land ownership patterns.
- You may send email to email@example.com 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.
CitationWear, David N.; Parks, Peter J. 1994. The Economics of Timber Supply: An Analytical Synthesis of Modeling Approaches. Natural Resource Modeling Volume 8, Number 3, Summer 1994
KeywordsTimber supply, forest policy, supply models
- Linking harvest choices to timber supply
- Building aggregate timber supply models from individual harvest choice
- Harvest choice and timber supply models for forest forecasting
XML: View XML