A Welfare Analysis of Long‐Term Forest Products Price Stabitization

Adams, Darius M.; Haynes, Richard W.; Darr, David R.

doi:10.2307/1239393

Cited by 6 publications

(3 citation statements)

References 4 publications

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“…To conduct a welfare analysis that would identify a complete range of welfare gains and losses for all forest sector interests is beyond the scope of this study. (For an example of such an analysis see Adams et al 1977.) Nevertheless, the limited set of measures used in our study clearly show that the interest groups who gain and lose vary from one research area to another.…”

Section: General Findingsmentioning

confidence: 79%

An analysis of the timber situation in the United States: 1989-2040

Haynes¹

1990

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Section: General Findingsmentioning

confidence: 79%

An analysis of the timber situation in the United States: 1989-2040

Haynes¹

1990

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“…Results are reported in terms of their impacts on 3 selected groups: consumers of forest products, producers (mostly industrial firms) of forest products, and timberland owners. In general, federal forest policies in the past have been considered effective if they did not reduce private tirnberland owners' wealth or greatly enrich the producers of forest products (Adams et al 1977). The various measures were computed as part of the TAMM solutions and were measured following generally acceptable conventions, such as illustrated in Just et al (1982).…”

Section: Resultsmentioning

confidence: 99%

Economic impacts of individual climate change mitigation options in the U.S. forest sector

Winnett¹,

Rw²,

Hohenstein³

1993

Clim. Res.

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Economic and carbon (C) impacts of 3 greenhouse gas nutigation options in the U.S. forest sector are presented and compared to a baseline. Options analyzed include 2 levels of large-scale tree planting on marginal crop and pasture land, and increasing the use of recycled paper in the paper making process. The scenarios differ in the timing and magnitude of their economic impacts, and in their effects on C storage. All 3 options increase forest area and/or inventones, and have significant benefits toward increasing the sequestration of C. The economlc condition of forest product consumers and producers are little affected by the options. However, decreases In t~m b e r prices caused by the increases in wood supplies have severe negative impacts on forest landowners. Actions which could moderate the adverse economic impacts of these C conservation and sequestrat~on scenarios are discussed. ' The following units are used in this paper. One petagranl (Pg) equals one billion (10" metric tons. One teragram (Tg) equals one million (106) metric tons. One megagram (Mg) equals one metric ton

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“…Even in 1975 dollars, the numbers were in billions. 390 In a THIS study published in 1977, Darius Adams, Haynes, and Darr worked through an example of a national forest harvest-flow change to show the relative significance of effects on consumers, timber processors, stumpage producers, government agencies, and trade. They noted regional differences and changes in asset values as well as cash flows.…”

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confidence: 99%

Forest economics research at the Pacific Northwest Research Station, to 2000.

Flora¹

2003

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The contributions for over 80 years by scientists at the Pacific Northwest Research Station to developments in economic theory, economic tools, policies, and economic issues are summarized. This is a story of progressive accomplishments set against a constantly changing background of economic and social events.Keywords: Forest economics, forest policy, forest management, Pacific Northwest. Outlined here are PNW's 1 accomplishments in forest economics since the 1920s: contributions to theory, economic tools, and counsel to practicing foresters within and without the agency; and instances in which PNW's economics program made a difference to Western U.S. forestry. The format is roughly chronological. Every scientist and most publications will be mentioned, but the real intent is to portray the evolution of ideas, economic tools, and policy and economic issues to which they were applied. This is a story built on four forests. Any forester whose working life started in the 1950s at a far corner of the Douglas-fir (Pseudotsuga menziesii (Mirb.) Franco) region will have worked among the last of the old growth, measuring trees 10 feet and more in diameter. By then the harvest of the second growth, seeded during logging in the last decades of the 19th century, was well underway. In 2000 it is virtually finished. The triumphs of fire and insect control, the pride of occasional bursts of intensive silviculture, the regrets of over-or under-investment in woods things, all have passed with those mellow, fulsome stands. Trees planted in the 1950s and after are now moving down the highways, 20 and 40 to the truckload. This third forest is the product of myriad economic decisions made and economic events experienced. Even to hold forest land has been an act of economic faith, subject to revision at any time. The fourth forest is outside the door, growing. What will become of it is being influenced by new economic conditions, new information, and new views of the future. That is the stuff of forest economics research.The state of the art in resource economics seemingly depends on a disorderly mix of work done to date, strong personalities, fortuitous meanders, directed effort, treks along arcane technical lines, economic pressures, and screaming land-use conflicts. This section does not deal with what we knew when but, rather, with the changing world around us over eight decades.Although federal forestry studies had been underway in the Northwest for some time, PNW was formally commissioned in 1924, a product of politics and persuasion, history and economics. The 1920s blew in as 6 billion board feet of timber blew down in western Washington, and the Capper Report 2 appeared, both of which argued for research. The windstorm of 1921 generated economic questions of utilization, marketing, and export possibilities. The 1920 Capper Report was a Forest Service response to claims of overcutting on industry lands and to a call for regulation. No less than Gifford Pinchot favored corralling cutting in private forests. William B. Greele...

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A Welfare Analysis of Long‐Term Forest Products Price Stabitization

Cited by 6 publications

References 4 publications

An analysis of the timber situation in the United States: 1989-2040

An analysis of the timber situation in the United States: 1989-2040

Economic impacts of individual climate change mitigation options in the U.S. forest sector

Forest economics research at the Pacific Northwest Research Station, to 2000.

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