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An Econometric Analysis of the Market for Pulpwood Harvested in Michigan's Upper Peninsula

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Abstract:

An econometric study of the market for pulpwood harvested in Michigan's Upper Peninsula is presented. Spatial equilibrium conditions from a two-region theoretical model are used to develop two econometric models of pulpwood exported from the Upper Peninsula to Wisconsin. Both models are estimated using annual data. Predicted estimates of the regression coefficients are used to test the appropriateness of the two-region model. Test results fail to provide strong evidence in support of this model. Forest Sci. 30:107-113.

Keywords: Spatial equilibrium; exports

Document Type: Journal Article

Affiliations: Assistant Professor of Economics, School of Business and Engineering Administration, Michigan Technological University, Houghton, MI 49931

Publication date: March 1, 1984

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

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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