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

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