Harvest Choice and Timber Supply Models for Forest Forecasting

摘要: Timber supply has traditionally been modeled using aggregate data, whereas individual harvest choices have shown to be sensitive the vintage and condition of forest capital stocks. In this article, we build models for four roundwood products in a seven-state region US South directly from stand-level choice applied detailed inventories. These allow more precise accounting biological economic underpinnings support forecasting changes inventories with high degree detail. Estimation results use approach. The elasticities softwood hardwood sawtimber supply, 0.34 0.31, respectively, are consistent reported by previous studies. pulpwood (respectively, 0.062 0.025) much lower than studies found cross-price indicate dominant influence markets on supply. Results generally complementarity between short run. This approach can provide means predicting consequences exogenous factors that could alter inventories, e.g., climate change invasive species, regular updating as new inventory data recorded. FOR .S CI. 56(4):344-355.