Size of Forest Holding and Investment Behavior of Nonindustrial Private Owners
Abstract:Size of forest holding is known to be positively related to timber production on nonindustrial private forests. Explanations for this relationship have centered on economies of tract size, diminishing marginal utility, and the landowner's alternative rate of return. The basis of the third concept is that owners of the large forest holdings tend to have better financial positions than owners of small holdings, and thus have more incentive to manage intensively. Correlation analysis of Mississippi data confirms the positive relationships between size of forest holding, a landowner's financial position, and management intensity.
Document Type: Journal Article
Affiliations: Professor, Department of Forestry, Mississippi State University, Mississippi State 39762
Publication date: August 1, 1984
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- 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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