Estimating price compensation requirements for eco-certified forestry

Published

Journal Article

Eco-certified forestry (ECF) is defined as forest management that incorporates ecological concerns into commercial timber production. In this paper, we link the adoption of ECF practices to shifts in the timber supply function. We use a spatially disaggregated model of southeastern US timber supply to simulate the empirical relationship between variations in the price premium offered for timber produced under ECF regimes and producer surplus-maximizing rates of ECF. The simulation results suggest that a large share of nonindustrial private timber suppliers in the region may have relatively small compensation requirements, but complete adoption by the sector would require a large premium. © 2001 Elsevier Science Ireland Ltd.

Full Text

Duke Authors

Cited Authors

  • Murray, BC; Abt, RC

Published Date

  • February 3, 2001

Published In

Volume / Issue

  • 36 / 1

Start / End Page

  • 149 - 163

International Standard Serial Number (ISSN)

  • 0921-8009

Digital Object Identifier (DOI)

  • 10.1016/S0921-8009(00)00224-X

Citation Source

  • Scopus