The economics of global timber markets. Final report

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Description

This paper develops a global timber market model which captures how timber supply reacts to future predicted increases in the demand for timber. Higher future demand is expected to increase prices, reflecting greater land scarcity. Investments in growing timber are also expected to increase, expanding output and tempering the price response. A greater reliance on plantations in productive regions is predicted to allow large areas of natural forest in low valued regions to remain largely intact. The quantitative results are sensitive to the rate demand increases, the cost of plantations, and access costs of natural forests.

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29 p.

Creation Information

Sohngen, Brent; Mendelsohn, Robert & Sedjo, Roger September 2, 1997.

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Description

This paper develops a global timber market model which captures how timber supply reacts to future predicted increases in the demand for timber. Higher future demand is expected to increase prices, reflecting greater land scarcity. Investments in growing timber are also expected to increase, expanding output and tempering the price response. A greater reliance on plantations in productive regions is predicted to allow large areas of natural forest in low valued regions to remain largely intact. The quantitative results are sensitive to the rate demand increases, the cost of plantations, and access costs of natural forests.

Physical Description

29 p.

Notes

OSTI as DE00755501

Medium: P; Size: 29 pages

Source

  • Other Information: PBD: 2 Sep 1997

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  • Report No.: None
  • Grant Number: FG02-95ER62111
  • DOI: 10.2172/755501 | External Link
  • Office of Scientific & Technical Information Report Number: 755501
  • Archival Resource Key: ark:/67531/metadc709712

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Creation Date

  • September 2, 1997

Added to The UNT Digital Library

  • Sept. 12, 2015, 6:31 a.m.

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  • April 10, 2017, 7:07 p.m.

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Sohngen, Brent; Mendelsohn, Robert & Sedjo, Roger. The economics of global timber markets. Final report, report, September 2, 1997; United States. (digital.library.unt.edu/ark:/67531/metadc709712/: accessed September 20, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.