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Regulation and Stumpage Prices: A Tale of Two States

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Conventional wisdom suggests that the regulation of timber harvesting adds expense to the process, thereby reducing profitability, and that landowners would bear the resulting cost of this regulation through reduced stumpage values. This study compared more than five years of quarterly stumpage prices in Massachusetts, a state with comprehensive statewide forest cutting practices regulations, with prices in Connecticut, a similar and adjacent state with no such regulations. The results suggest that the Massachusetts regulations do not adversely affect stumpage prices and landowner profit from the sale of timber.

Document Type: Journal Article

Affiliations: Extension Forester; University of Connecticut, Storrs

Publication date: 1999-10-01

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.

    2015 Impact Factor: 1.476
    Ranking: 22 of 66 in forestry

    Also published by SAF:
    Forest Science
    Other SAF Publications
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