The Southern Timber Market to 2040
نویسنده
چکیده
Timber market analysis of the South’s predominantly private timberland finds that the 13 southern states produce nearly 60 percent of the nation’s timber, an increase from the mi dmi d1900s. Projections with the Subregional Timber Supply model show that, despite a 67 percent increase in the area of pine plantations, the South will experience a 2 percent decline in private timberland area as other forest types shrink. Because of expected productivity gains for plantation forests and conversions of some agricultural lands to natural forests, the South’s industrial wood output is projected to increase by more than 50 percent between 1995 and 2040.
منابع مشابه
Vertical price linkage between timber and forest products prices in the South
Timber market and forest product market are linked and integrated through prices of their own. In this study, the presence of price transmission asymmetry is investigated for wood products sector in southern United States. Threshold cointegration and an asymmetric error correction model are employed to analyze the price dynamics between prices of standing timber, delivered timber and also two r...
متن کاملA game theory approach to the Iranian forest industry raw material market
Dynamic game theory is applied to analyze the timber market in northern Iran as a duopsony. The Nash equilibrium and the dynamic properties of the system based on marginal adjustments are determined. When timber is sold, the different mills use mixed strategies to give sealed bids. It is found that the decision probability combination of the different mills follow a special form of attractor an...
متن کاملTimber Harvesting Margins in the Southern United States: A Temporal and Spatial Analysis
This study focuses on the logging sector by analyzing timber harvesting margins in the southern United States between 1977 and 2001. The real growth rate of harvesting margins has been negative for pine pulpwood, while positive for pine sawtimber, hardwood pulpwood, and hardwood sawtimber. Harvesting margins for pulpwood are more stable over time and more integrated spatially when compared with...
متن کاملMarket Dynamics and Optimal Timber Salvage After a Natural Catastrophe
Forest-based natural catastrophes are regular features of timber production in the United States, especially from hurricanes, fires, and insect and disease outbreaks. These catastrophes affect timber prices and result in economic transfers. We develop a model of timber market dynamics after such a catastrophe that shows how timber salvage affects the welfare of different market groups and quant...
متن کامل