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An examination of the stability of regional lumber demand in the contiguous United States, 1950–1985

Seldon, Barry J. / Boyd, Roy

Abstract Public policy limits the quantity of timber which is cut from federal forest land in order to avoid a timber shortage. This policy has led the U.S. Department of Agriculture to employ forecasts of future demand for forest products, including lumber. Lumber demand has been estimated regionally, but demand parameters have been assumed stable so that fixed coefficient methods are employed in official forecasts. In this paper, we test the hypothesis that regional lumber demand parameters are stochastic. We find the demand for lumber in all regions except the Southeast to be fairly stable.

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An examination of the stability of regional lumber demand in the contiguous United States, 1950–1985

Seldon, Barry J. / Boyd, Roy

Abstract Public policy limits the quantity of timber which is cut from federal forest land in order to avoid a timber shortage. This policy has led the U.S. Department of Agriculture to employ forecasts of future demand for forest products, including lumber. Lumber demand has been estimated regionally, but demand parameters have been assumed stable so that fixed coefficient methods are employed in official forecasts. In this paper, we test the hypothesis that regional lumber demand parameters are stochastic. We find the demand for lumber in all regions except the Southeast to be fairly stable.

An examination of the stability of regional lumber demand in the contiguous United States, 1950–1985

Seldon, Barry J. / Boyd, Roy

Abstract Public policy limits the quantity of timber which is cut from federal forest land in order to avoid a timber shortage. This policy has led the U.S. Department of Agriculture to employ forecasts of future demand for forest products, including lumber. Lumber demand has been estimated regionally, but demand parameters have been assumed stable so that fixed coefficient methods are employed in official forecasts. In this paper, we test the hypothesis that regional lumber demand parameters are stochastic. We find the demand for lumber in all regions except the Southeast to be fairly stable.

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Title:

An examination of the stability of regional lumber demand in the contiguous United States, 1950–1985

Contributors:

Seldon, Barry J. (author) / Boyd, Roy (author)

Published in:

The Annals of Regional Science ; 25

Publication date:

1991

ISSN:

DOI:

https://doi.org/10.1007/BF01581818

Type of media:

Article (Journal)

Type of material:

Print

Language:

English

Keywords:

Regionalökonomik , Kommunalpolitik , Umweltforschung , Regionalforschung , Regionalwissenschaft , Regionalentwicklung , Städtebau , Zeitschrift , Stadtentwicklung , Raumordnung , Umweltwissenschaften

Classification:

BKL: 74.72 Stadtplanung, kommunale Planung / 83.64 Regionalwirtschaft / 74.12 Stadtgeographie, Siedlungsgeographie
Local classification TIB: 770/3010

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