منابع مشابه
Stumpage Price Volatility in the U.s. South
Forest products have remained an important part of southern rural economies in the United States. As one of the major raw materials, stumpage has been a key component of production cost in the forest products industry, and therefore its price has been of great concern. Since the late 1970’s stumpage prices in the U.S. South have been changing considerably over time. This study uses analysis of ...
متن کاملRegulation and Stumpage Prices: A Tale of Two States
ods, and Maryland has a variety of laws and regulations pertaining to forest practices (Hawks et al. 1993). Martus et al. (1995) reported on the proliferation of local regulation ofprivate forestry, which has increased more than fourfold in the past 10 years. They predicted that local regulation will continue to expand as people unaccustomed to traditionally rural activities, such as harvesting...
متن کاملStumpage Market in the South Central United States : Preliminary Results
This study investigates the supply and demand structure of the hardwood stumpage market in the South Central United States for the period 1981-1996. Three stage least squares regression is used to estimate parameters in a simultaneous equations model of pulpwood and sawtimber stumpage markets for mixed hardwoods, oak, and total hardwoods. Stumpage prices are generally non-significant. Hardwood ...
متن کاملThe Sustainable Forestry Initiatives impact on stumpage markets in the US South
Using survey data and an equilibrium displacement model, we estimate the market and economic impacts of the American Forest and Paper Association’s Sustainable Forestry Initiative (SFI) on stumpage markets in the US South. We examine four timber product markets: softwood pulpwood, softwood sawtimber, hardwood pulpwood, and hardwood sawtimber. In each market we calculate changes in producer and ...
متن کاملAn Environmental Accountant’s Dilemma: Are Stumpage Prices Reliable Indicators of Resource Scarcity?
In resource accounting, shadow prices of natural resources and environmental effects should be used as the social marginal value of goods. Since it is difficult to measure shadow prices in practice, market prices are often used as proxies for shadow prices. A prerequisite for the use of these proxies is that there is an established relationship between size of the natural resource stock of inte...
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ژورنال
عنوان ژورنال: The Forestry Chronicle
سال: 1973
ISSN: 0015-7546,1499-9315
DOI: 10.5558/tfc49226-5