Effects of a Forest Health Thinning Program on Land and Timber Values in Eastern Oregon
Abstract:The Healthy Forests Restoration Act authorizes programs of thinning on public forest lands to reduce fire hazard and improve the vigor of residual stands. These programs could generate significant volumes of merchantable sawtimber, potentially altering supply-demand conditions in local sawtimber markets and the values of private timberland. We examine the effects of two hypothetical programs on timberland prices in eastern Oregon using a model of the region's market. We find both reductions and increases in the values of various types of private timberland due to changes in the output of the region's industry, the timing of private harvests, and long-term sawtimber prices. Thinning programs in other western regions with comparable conditions of private inventory and a declining sawtimber processing industry could produce similar changes.
Keywords: economics; environmental management; fire policy; forest; forest management; forest resources; forest restoration; forestry; forestry research; forestry science; markets; natural resource management; natural resources
Document Type: Regular Article
Affiliations: 1: Professor Department of Forest Resources Oregon State University Corvallis OR 97331, Email: email@example.com 2: Faculty Research Assistant Department of Forest Resources Oregon State University Corvallis OR 97331
Publication date: 2004-12-01
- 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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