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Sedjo, Roger A.; Lyon, Kenneth S.. |
This study involves an update of our earlier Timber Supply Model, which was fully developed in our book, The Adequacy Of Global Timber Supply by Sedjo and Lyon (1990), published by Resources for the Future. The new version, called Timber Supply Model 1996 (TSM96), uses an economic market supply/demand approach to project an intertemporal time path of the world's price and output level of industrial wood. As did the original TSM, the TSM96 provides projections of the time path of the equilibrium output levels of the several regions into which the world has been subdivided. A major new feature of TSM96 is that industrial wood, treated as homogeneous in the earlier study, has be subdivided into two different wood types -- pulpwood and solidwood. The supply of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Timber models; Markets; Optimal control; Projections; Timber supply; Resource /Energy Economics and Policy; C62; Q21; Q23. |
Ano: 1996 |
URL: http://purl.umn.edu/10696 |
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