A local roundwood supply and price assessment model

S. E. Clements, W. A. Leuschner, Howard M Hoganson, H. W. Wisdom

Research output: Contribution to journalArticlepeer-review

Abstract

Models to analyze subregional forest products markets are needed as policy tools. This paper develops a model that can be used for such analyses. It is a simulation model that predicts the economic stock supply of primary products on the basis of estimates of product demands and production costs. Two market levels are considered: one for primary wood products and one for stumpage. The model recognizes quantity and price determinants for roundwood delivered f.o.b. the mill. These determinants include differential harvesting and transportation costs, complementary-competitive relationships between primary products, and landowner response to price. Thus, what is sometimes called "economic timber supply' by practitioners is determined. Components of the model are described and an application is presented. -Authors

Original languageEnglish (US)
Pages (from-to)1563-1569
Number of pages7
JournalCanadian Journal of Forest Research
Volume18
Issue number12
DOIs
StatePublished - 1988

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