2005
DOI: 10.14214/sf.378
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Small-scale non-industrial private forest ownership in the United States: rationale and implications for forest management

Abstract: The transaction cost approach is used to explain why small non-industrial private forest (NIPF) ownerships are increasing in the U.S. We argue that the number of small NIPF owners have increased because: 1) a significant amount of forestland is no longer used economically if primarily for timber production, but rather for non-timber forest products and environmental services (particularly where population density is high), 2) when a person makes frequent use of non-timber products and services, owning forestla… Show more

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Cited by 79 publications
(51 citation statements)
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“…This type of ownership data provided the basis of entire NIPF research studies [403]. Selected characteristics of NIPF landowners formed the basis of specialized studies, like on minority landowners [217,218,404], changing ownership classes (especially the implications of forest industry lands converting to timberland investment management organizations and real estate investment trusts) [405,406], and methods of acquiring forest holdings, especially by inheritance [407]. Because forest parcelization is a major current issue, ownership studies now tend to stress size of forest holding relationships [1,13,[174][175][176][177][236][237][238][239][240][241][242][243] and parcelization of forest tracts [244][245][246][247][248][249][250][251][252][253][254].…”
Section: Ownershipmentioning
confidence: 99%
“…This type of ownership data provided the basis of entire NIPF research studies [403]. Selected characteristics of NIPF landowners formed the basis of specialized studies, like on minority landowners [217,218,404], changing ownership classes (especially the implications of forest industry lands converting to timberland investment management organizations and real estate investment trusts) [405,406], and methods of acquiring forest holdings, especially by inheritance [407]. Because forest parcelization is a major current issue, ownership studies now tend to stress size of forest holding relationships [1,13,[174][175][176][177][236][237][238][239][240][241][242][243] and parcelization of forest tracts [244][245][246][247][248][249][250][251][252][253][254].…”
Section: Ownershipmentioning
confidence: 99%
“…Other authors [80][81][82] confirm that the cutting cost increases significantly with smaller cutting sizes. In our model, we considered 5 ha to be the typical cutting size and adjusted the cutting cost in Equation (B4) of 7.2 NZD·m −3 [77] to the typical cutting cost of 26 NZD·m −3 in 2005 [47] for the cutting size of 5 ha.…”
Section: Appendix Amentioning
confidence: 85%
“…In addition, with increased longevity, it is possible that generational shifts will be delayed and the successor will take over at a higher age. However, when the generational shift does occur, the forest holding is often handed down to several heirs, resulting in parcelization (the subdivision of tracts into increasingly small holdings) and multiple ownership (Zhang et al 2004). In the long run, continued parcelization could have negative New Forest Owners: Change and Continuity in the… 535 effects on timber management and supply as holdings become too small for efficient forestry (Rickenbach and Steele 2006).…”
Section: Ageing Co-ownership and Parcelizationmentioning
confidence: 99%