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    Author(s): Daowei Zhang; Xing Sun; Brett J. ButlerJeffrey P. Prestemon
    Date: 2015
    Source: Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie. 63(3): 409-429.
    Publication Series: Scientific Journal (JRNL)
    Station: Southern Research Station
    PDF: View PDF  (155.67 KB)

    Description

    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

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    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

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https://www.fs.usda.gov/treesearch/pubs/49727