| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Building aggregate timber supply models from individual harvest choice
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| Autores: |
Polyakov, Maksym
Wear, David N.
Huggett, Robert
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| Data: |
2009-03-11
|
| Ano: |
2009
|
| Palavras-chave: |
Timber supply
Harvest choice
Conditional logit
Elasticity
Expectations
Simulation.
|
| Resumo: |
Timber supply has traditionally been modelled using aggregate data. In this paper, we build aggregate supply models for four roundwood products for the US state of North Carolina from a stand-level harvest choice model applied to detailed forest inventory. The simulated elasticities of pulpwood supply are much lower than reported by previous studies. Cross price elasticities indicate a dominant influence of sawtimber markets on pulpwood supply. This approach allows predicting the supply consequences of exogenous factors and supports regular updating of supply models.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/48168
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| Relação: |
Australian Agricultural and Resource Economics Society>2009 Conference (53rd), February 11-13, 2009, Cairns, Australia
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| Formato: |
13
|
