Data/hora: 06/06/2024 10:29:40

Provedor de dados: | 31
País: | United States
Título: | A Comparison of Timber Models for Use in Public Policy Analysis
Autores: | Sohngen,   Brent; Sedjo,   Roger A.
Data: | 2005-11-08
Ano: | 1996
Palavras-chave: | Timber markets; Models; Dynamic adjustment; Optimization; Resource /Energy Economics and Policy; C62; Q21; Q23.
Resumo: | In this paper, we compare and contrast two types of timber models that have been used for public policy analysis. These models have been variously used to predict price, inventory and market welfare impacts under different exogenous forces that impact timber markets. The framework and theory for each model type is presented and discussed. We then thoroughly test the two model types across six potential exogenous shocks to timber markets, ranging from instantaneous demand shocks to gradual supply adjustments. Our comparison indicates that these models predict potentially important differences in timber market behavior. These differences are important to consider for those who do public policy analysis.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

18886

http://purl.umn.edu/10467

Editor: | AgEcon Search

Relação:

Resources for the Future&gt;Discussion Papers

Discussion Paper 96-12

Formato:

45

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