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An Econometric Analysis of Residential Demand for Fuelwood in the United States, 1980-1981

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Abstract:

This paper presents an econometric study of residential fuelwood demand in the United States. It is based on a residential energy consumption survey conducted by the U.S. Department of Energy in 1980-81. Estimates are derived of the probability that a particular household will burn wood and of the quantity of wood that will be burned. Aggregate fuelwood demand is predicted for five census regions and for the contiguous United States. The predicted average probability of burning wood is 0.32, and the average predicted quantity burned is 1.57 cords. Residential fuelwood demand is found to be quite responsive to changes in the price of nonwood heating fuel. Forest Sci. 32:1001-1015.

Keywords: Prediction; RECS data; probability; qualitative choice; sample selection bias; wood burning

Document Type: Journal Article

Affiliations: Department of Agricultural and Resource Economics

Publication date: December 1, 1986

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