Heterogeneity in nonindustrial private roundwood supply: Lessons from a large panel of forest owners

Journal of Forest Economics

Volumn 13, Issue 1, 2007, Pages 7-28

  Bolkesjø, Torjus Folsland ^a   Solberg, Birger ^a   Wangen, Knut Reidar ^b  

^a NORWEGIAN UNIVERSITY OF LIFE SCIENCES   (Norway)

^b STATISTICS NORWAY   (Norway)

Author keywords

Fixed effect Tobit model; Long run; Panel data; Pooled Tobit model; Random effect Tobit model; Timber supply

Indexed keywords

DECISION MAKING; INDUSTRIAL ECONOMICS; INDUSTRIAL MANAGEMENT; SUPPLY CHAIN MANAGEMENT; SUPPLY CHAINS; WOOD PRODUCTS;

FIXED EFFECT TOBIT MODEL; POOLED TOBIT MODEL; RANDOM EFFECT TOBIT MODEL; TIMBER SUPPLY;

TIMBER;

DATA SET; FOREST MANAGEMENT; HETEROGENEITY; PANEL DATA; TIMBER MARKET;

DECISION MAKING; ECONOMICS; LUMBER; SUPPLY CHAIN MANAGEMENT; WOOD PRODUCTS;

EID: 34147113257     PISSN: 11046899     EISSN: 16181530     Source Type: Journal    
DOI: 10.1016/j.jfe.2006.08.003     Document Type: Article

References (25)

1. Baltagi B.H., and Griffin J.M. Short- and long-run effects in pooled models. International Economic Review 25 (1984) 631-645
2. Binkley C.S. Timber supply from private forests. Bulletin No. 92, School of Forestry and Environmental Studies (1981), Yale University
3. Bolkesjø T.F., and Baardsen S. Roundwood supply in Norway: micro-level analysis of self-employed forest owners. Forest Policy and Economics 4 (2002) 55-64
4. Bolkesjø T.F., and Solberg B. A panel data analysis of nonindustrial private roundwood supply with emphasis on the price elasticity. Forest Science 49 (2003) 530-538
5. Chas-Amil M., and Buongiorno J. The demand for paper and paperboard: econometric models for the European Union. Applied Economics 32 (2000) 987-999
6. Greene W. The behaviour of the maximum likelihood estimator of limited dependent variable models in the presence of fixed effects. Econometrics Journal 7 (2004) 98-119
7. Hyberg B.T., and Holthausen D.M. The behavior of private forest landowners. Canadian Journal of Forest Research 19 (1989) 1014-1023
8. Kaikai I.M., Kuuluvainen J., and Uusivuori J. Testing for the effects of prices and owner-specific variables on timber supply. In: Helles F., and Strange N. (Eds). Conference proceedings from the biennial meeting of The Scandinavian Society of Forest Economics and the 3rd Berkeley-KVL Conference on Natural Resource Management, May 21-25, 2002 in Gilleleje 39 (2002), Scandinavian Forest Economics, Denmark 51-60
9. Koskela E. Forest taxation and timber supply under price uncertainty-Perfect capital markets. Forest Science 35 (1989) 137-159
10. Kuh E. The validity of cross-sectionally estimated behavior equations in time series applications. Econometrica 27 (1959) 197-214
11. Kuuluvainen, J., 1989. Nonindustrial private timber supply and credit rationing. Report 85, Department of Forest Economics, Swedish University of Agricultural Sciences.
12. Kuuluvainen J., and Salo J. Timber supply and lifecycle harvest of nonindustrial private forest owners: an empirical analysis of the Finnish case. Forest Science 37 (1991) 1011-1029
13. Kuuluvainen J., Karppinen H., and Ovaskainen V. Landowner objectives and nonindustrial private timber supply. Forest Science 42 (1996) 300-309
14. Kuuluvainen J., and Tahvonen O. Testing the forest rotation model: evidence from panel data. Forest Science 45 (1999) 539-551
15. Løyland K., Ringstad V., and Øy H. Determinants of forest activities: a study of private nonindustrial forestry in Norway. Journal of Forest Economics 1 (1995) 219-235
16. Maddala G.S. Limited dependent and qualitative variables in econometrics (1983), Cambridge University Press, Melbourne
17. Mutanen A., and Toppinen A. Finnish sawlog market under forest taxation reform. Silvia Fennica 39 (2005) 117-130
18. Neyman J., and Scott E. Consistent estimates based on partially consistent observations. Econometrica 16 (1948) 1-32
19. Ollikainen M. Forest taxation and the timing of private nonindustrial forest harvests under interest-rate uncertainty. Canadian Journal of Forest Research 20 12 (1990) 1823-1829
20. Ollikainen M. A mean variance approach to short-term timber selling and forest taxation under multiple sources of uncertainty. Canadian Journal of Forest Research 23 (1993) 573-581
21. Ovaskainen V. Forest taxation: timber supply and economic efficiency (1992), Acta Forestalia Fennica, Helsinki
22. Pattanayak S.K., Murray B.C., and Abt R.C. How joint is joint timber production? An econometric study of timber supply conditional on endogenous amenity values. Forest Science 48 (2002) 479-491
23. Rørstad P.K., and Solberg B. A Tobit analysis of the nonindustrial private timber supply behavior in Norway. Scandinavian Forest Economics 33 (1992) 352-371
24. Statistics Norway. Census of agriculture and forestry 1989: forestry-Outfield resources (1992), Statistics Norway, Oslo
25. Toppinen A., and Kuuluvainen J. Structural changes in sawlog and pulpwood markets in Finland. Scandinavian Journal of Forest Research 12 (1997) 382-389