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Federal timber restrictions, interregional spillovers, and the impact on US softwood markets

Publication ,  Journal Article
Wear, DN; Murray, BC
Published in: Journal of Environmental Economics and Management
January 1, 2004

An econometric model of the US softwood lumber and timber markets is estimated and used to simulate the price, trade, and welfare effects of reductions in federal timber sales in the western US commencing in the late 1980s. Results indicate that the timber sale reductions increased lumber prices by roughly 15 percent in the mid-1990s. Lumber consumers were the unambiguous losers from the policy, while lumber and timber producers were net welfare gainers as the quantity-induced losses to western lumber producers were more than offset by price increases and quantity gains to southern US and Canadian lumber producers and timber producers in all regions. © 2003 Elsevier Inc. All rights reserved.

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Published In

Journal of Environmental Economics and Management

DOI

ISSN

0095-0696

Publication Date

January 1, 2004

Volume

47

Issue

2

Start / End Page

307 / 330

Related Subject Headings

  • Agricultural Economics & Policy
  • 3801 Applied economics
  • 1402 Applied Economics
  • 1401 Economic Theory
  • 0502 Environmental Science and Management
 

Citation

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Wear, D. N., & Murray, B. C. (2004). Federal timber restrictions, interregional spillovers, and the impact on US softwood markets. Journal of Environmental Economics and Management, 47(2), 307–330. https://doi.org/10.1016/S0095-0696(03)00081-0
Wear, D. N., and B. C. Murray. “Federal timber restrictions, interregional spillovers, and the impact on US softwood markets.” Journal of Environmental Economics and Management 47, no. 2 (January 1, 2004): 307–30. https://doi.org/10.1016/S0095-0696(03)00081-0.
Wear DN, Murray BC. Federal timber restrictions, interregional spillovers, and the impact on US softwood markets. Journal of Environmental Economics and Management. 2004 Jan 1;47(2):307–30.
Wear, D. N., and B. C. Murray. “Federal timber restrictions, interregional spillovers, and the impact on US softwood markets.” Journal of Environmental Economics and Management, vol. 47, no. 2, Jan. 2004, pp. 307–30. Scopus, doi:10.1016/S0095-0696(03)00081-0.
Wear DN, Murray BC. Federal timber restrictions, interregional spillovers, and the impact on US softwood markets. Journal of Environmental Economics and Management. 2004 Jan 1;47(2):307–330.
Journal cover image

Published In

Journal of Environmental Economics and Management

DOI

ISSN

0095-0696

Publication Date

January 1, 2004

Volume

47

Issue

2

Start / End Page

307 / 330

Related Subject Headings

  • Agricultural Economics & Policy
  • 3801 Applied economics
  • 1402 Applied Economics
  • 1401 Economic Theory
  • 0502 Environmental Science and Management