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    Author(s): Karen Lee-Abt; Brian C. Murray
    Date: 1990
    Source: In: GTR-SRS-79 New Orleans, La. : Southern Forest Experiment Station, 1990
    Publication Series: Proceedings - Paper (PR-P)
    Station: Southern Research Station
    PDF: Download Publication  (300.0 KB)


    An econometric model is developed for private timberland management to be used in the projection of forest resource supplies. A restricted profit function is used to develop output supply and input derived demand equations for nonindustrial and industrial owners. The estimation indicated limited price response and significant inventory response. Continuing research will examine alternative ownership objectives and policy effects on private land management.

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    Lee, Karen J.; Murray, Brian C. 1990. An econometric study of private land management in Georgia. In: GTR-SRS-79 New Orleans, La. : Southern Forest Experiment Station, 1990

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