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An Analysis of Regional Factor Demand in the U.S. Lumber Industry

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Abstract:

A restricted cost function with labor and roundwood as variable inputs and capital as quasi-fixed is estimated for three lumber producing regions. Significant regional differences are found. Cost function estimates are used to decompose trends in factor demand from 1963 to 1978. Stable trends in input use are found to be due to offsetting price and technology trends rather than fixed production relationships. For. Sci. 33(1):164-173.

Keywords: Cost function; labor demand; sawlog demand

Document Type: Journal Article

Affiliations: Assistant Professor of Forest Economics, Department of Forestry, School of Forest Resources and Conservation, University of Florida, Gainesville

Publication date: March 1, 1987

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.
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