Skip to Main Content
Federal timber restrictions, interregional spillovers, and the impact on US softwood marketsAuthor(s): David N. Wear; Brian C. Murray
Source: Journal of Environmental Economics and Management 47 (2004) 307-330
Publication Series: Miscellaneous Publication
PDF: View PDF (211 KB)
DescriptionAn econometric model of the US softwood lumber and timber markets is estimated and used to simulate the price, trade, and welfare effects of reductions in federal timber sales in the western US commencing in the late 1980s. Results indicate that the timber sale reductions increased lumber prices by roughly 15 percent in the mid-1990s. Lumber consumers were the unambiguous losers from the policy, while lumber and timber producers were net welfare gainers as the quantity-induced losses to western lumber producers were more than offset by price increases and quantity gains to southern US and Canadian lumber producers and timber producers in all regions.
- 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.; Murray, Brian C. 2004. Federal timber restrictions, interregional spillovers, and the impact on US softwood markets. Journal of Environmental Economics and Management 47 (2004) 307-330
KeywordsFederal timber policy, Forest preservation, Softwood lumber markets
- A Bid Price Equation For Timber Sales on the Ouachita and Ozark National Forests
- Alaska birch crafts and gifts: marketing practices and demographics.
- Public Timber Supply under Multiple-Use Management
XML: View XML