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An Econometric Model of the United States Forest Products Industry

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A model of the US wood product industry is estimated and simulated. The model, designed for forecasting and policy analysis and consisting of 15 equations, links the principal structural elements of markets for lumber, plywood, saw logs, veneer logs, and stumpage. The model gives good simulation results over the sample period and has been used to make forecasts to 1975. Forest Sci. 19:82-96.

Keywords: Lumber; demand; plywood; saw logs; stumpage; supply

Document Type: Journal Article

Affiliations: Research Fellow, Economics Research Unit, Dep. of Economics, Univ. of Pennsylvania, Philadelphia

Publication date: 1973-06-01

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2015 Impact Factor: 1.702
    Ranking: 16 of 66 in forestry

    Average time from submission to first decision: 62.5 days*
    June 1, 2016 to Feb. 28, 2017

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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