Authors: |
Karen Lee-Abt, Brian C. Murray |
Year: |
1990 |
Type: |
Proceedings - Paper |
Station: |
Southern Research Station |
Source: |
In: GTR-SRS-79 New Orleans, La. : Southern Forest Experiment Station, 1990 |
Abstract
An econometric model is developed for private timberland management to be used in the projection of forest resource supplies. A restricted profit function is used to develop output supply and input derived demand equations for nonindustrial and industrial owners. The estimation indicated limited price response and significant inventory response. Continuing research will examine alternative ownership objectives and policy effects on private land management.
Citation
Lee, Karen J.; Murray, Brian C. 1990. An econometric study of private land management in Georgia. In: GTR-SRS-79 New Orleans, La. : Southern Forest Experiment Station, 1990