In the discussion of how forests can contribute to reducing the content of greenhouse gases on the atmosphere, most focus has been given to the sequestration of carbon dioxide in forests. Few studies have analysed the additional impact wood-based product has as a substitute for other materials....

The paper presents an econometric analysis of the timber supply in ten Northwestern European countries. For each country, the time series covers the years 1980 - 2006. Several factors, in addition to the log price and the growing stock, are analysed, to study the elasticity of supply. Three...