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Factors Affecting the Supply and Demand of Timber from Private Nonindustrial Lands in Sweden: An Econometric Study

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Abstract:

This is an econometric study of the roundwood market and, in particular, the supply of roundwood from private nonindustrial forest lands in Sweden from 1961-1984. The independent variables of the supply function are the price of roundwood, the unit felling cost, the net (post-taxation) real rate of return on capital, and the resource inventory of mature trees ready for final feiling. The short-run roundwood demand is dependent on capacity, roundwood short-run average revenue product and the price of roundwood. All the coefficients exhibited the signs suggested by economic theory. For. Sci. 35(4):946-961.

Keywords: Roundwood market; capital cost; capital income tax; forest economics

Document Type: Journal Article

Publication date: December 1, 1989

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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