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Supply, Demand, and the Lumber Market

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An analysis of lumber production and price experience since World War I is presented as the basis for developing a working hypothesis of supply and demand trends. This hypothesis indicates that a long term decline in lumber supply, rather than declining demand, has been a major determinant of past lumber market behavior, and that supply problems are critical for future levels of market activity.

Document Type: Journal Article

Affiliations: School of Forestry, University of California, Berkeley

Publication date: August 1, 1955

More about this publication?
  • The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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