
Federal timber restrictions and interregional arbitrage in U.S. lumber
Publication
, Journal Article
Murray, BC; Wear, DN
Published in: Land Economics
January 1, 1998
Harvesting restrictions to protect the habitat of the northern spotted owl on federal forests in the Pacific Northwest (PNW) substantially reduced timber available for processing by the forest products industry. We consider the extent to which these restrictions may have altered the degree of integration of the PNW and U.S. South in a national market for lumber. Descriptive statistics and econometric analysis of monthly proice data suggest that a structural break occured in the relationship between the two regions; product prices around the time of the harvest restrictions leading to a more integrated market after the restrictions were imposed.
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Published In
Land Economics
DOI
ISSN
0023-7639
Publication Date
January 1, 1998
Volume
74
Issue
1
Start / End Page
76 / 91
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 1402 Applied Economics
Citation
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ICMJE
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NLM
Murray, B. C., & Wear, D. N. (1998). Federal timber restrictions and interregional arbitrage in U.S. lumber. Land Economics, 74(1), 76–91. https://doi.org/10.2307/3147214
Murray, B. C., and D. N. Wear. “Federal timber restrictions and interregional arbitrage in U.S. lumber.” Land Economics 74, no. 1 (January 1, 1998): 76–91. https://doi.org/10.2307/3147214.
Murray BC, Wear DN. Federal timber restrictions and interregional arbitrage in U.S. lumber. Land Economics. 1998 Jan 1;74(1):76–91.
Murray, B. C., and D. N. Wear. “Federal timber restrictions and interregional arbitrage in U.S. lumber.” Land Economics, vol. 74, no. 1, Jan. 1998, pp. 76–91. Scopus, doi:10.2307/3147214.
Murray BC, Wear DN. Federal timber restrictions and interregional arbitrage in U.S. lumber. Land Economics. 1998 Jan 1;74(1):76–91.

Published In
Land Economics
DOI
ISSN
0023-7639
Publication Date
January 1, 1998
Volume
74
Issue
1
Start / End Page
76 / 91
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 1402 Applied Economics