Estimating Stumpage Values from Transaction Evidence Using Multiple Regression
To estimate the stumpage value of individual species and qualities of timber in lump-sum timber sales for excise tax purposes, an eight-step approach for constructing the relevant data set is suggested. An example uses western Washington sales date, but the basic procedure applies to any valuation of individual species in a set of lump-sum timber transactions. In addition to producing credible stumpage value estimates, the modeling process allows examination of selected sale characteristics that influence the values. The proposed approach should be considered by appraisers and forest economists who seek an accurate, simple valuation strategy.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
Document Type: Journal Article
Affiliations: Valuation Forester, Special Programs Division, Forest Tax Section, Washington State Department of Revenue, Olympia
Publication date: 1999-07-01
More about this publication?
- Important Notice: SAF's journals are now published through partnership with the Oxford University Press. Access to archived material will be available here on the Ingenta website until March 31, 2018. For new material, please access the journals via OUP's website. Note that access via Ingenta will be permanently discontinued after March 31, 2018. Members requiring support to access SAF's journals via OUP's site should contact SAF's membership department for assistance.
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.
2016 Impact Factor: 1.675 (Rank 20/64 in forestry)
Average time from submission to first decision: 39.6 days*
June 1, 2016 to Feb. 28, 2017
Also published by SAF:
Other SAF Publications
- Submit a Paper
- Membership Information
- Author Guidelines
- SAF Convention Abstracts
- Ingenta Connect is not responsible for the content or availability of external websites