Show simple item record

dc.contributor.advisorChairperson, Graduate Committee: Randal R. Rucker.en
dc.contributor.authorLippke, Holly Linnen
dc.coverage.spatialUnited Statesen
dc.description.abstractIn response to a new federal law, the Washington State Department of Natural Resources was required to restrict the export of unprocessed logs from state owned lands effective January 1 , 1991. Exported logs receive a greater price than domestically processed logs because of differences in quality, costs, and imperfect markets caused by regulation. A hedonic price approach is used to estimate implicit prices of timber sales characteristics, as well as supply and demand changes, and export restrictions. It is shown that the Forest Resources Conservation and Shortage Relief Act affects the price received in both domestic and export markets. Ceteris paribus, domestic timber prices decline, consistent with increased supply from the restrictions, and export prices increase, consistent with reduced availability. Both grade and species are significant factors in export price premiums. Export price premiums exist, even during a time when environmental concerns have resulted in drastic reductions in domestic timber supplies.en
dc.publisherMontana State University - Bozeman, College of Agricultureen
dc.subject.lcshUnited States. Forest Resources Conservation and Shortage Relief Act of 1990en
dc.subject.lcshForest products industryen
dc.subject.lcshSpotted owlen
dc.titleThe economic effects of the Forest Resources Conservation and Shortage Relief Act on timber pricesen
dc.typeProfessional Paperen
dc.rights.holderCopyright 1993 by Holly Linn Lippkeen
thesis.catalog.ckey1866949en, Graduate Committee: Ronald N. Johnson; Richard L. Stroupen Economics & Economics.en Paperen
mus.relation.departmentAgricultural Economics & Economics.en_US

Files in this item


This item appears in the following Collection(s)

Show simple item record

MSU uses DSpace software, copyright © 2002-2017  Duraspace. For library collections that are not accessible, we are committed to providing reasonable accommodations and timely access to users with disabilities. For assistance, please submit an accessibility request for library material.