Showing 11 - 19 of 19
Persistent link: https://www.econbiz.de/10008505203
This study presents a model that determines the effect of current and future payments for carbon sequestration, proportion of wood that sequesters carbon in long-lived product and landfills, and amount of carbon in the wood, on the optimal current forest harvest age. Increased current and future...
Persistent link: https://www.econbiz.de/10010743926
Forest carbon sequestration is regarded as a viable and cost effective option for reducing global greenhouse gas emissions. Several studies have analyzed the effects of joint management of carbon and timber under different even-aged forest management scenarios. However, research specifically...
Persistent link: https://www.econbiz.de/10010594567
This research estimated dynamic supply and demand equations for the U.S. softwood lumber using two-stage least squares. Long-run and ECM equations were derived from the estimated coefficients. Empirical data included monthly observations from 1990 to late 2006. Stationarity of the residuals was...
Persistent link: https://www.econbiz.de/10008863901
In this paper, a generalized Faustmann model is developed for uneven-aged management to allow the number of years and the level of residual growing stock to vary from one cutting cycle to the next. Comparative static analyses are conducted to determine the effect of changes in interest rate,...
Persistent link: https://www.econbiz.de/10008863907
Persistent link: https://www.econbiz.de/10005403172
Research on price promotions suggests that higher discounts often result in more favorable deal evaluations. However, consumers reactions do not always follow a consistently linear path when evaluating the deal. Price promotions offering too high or too low value may result in adverse deal...
Persistent link: https://www.econbiz.de/10009439269
The development of cointegration theories and the presence of nonstationarity in time series raised serious concerns about possible spurious estimations in forest products models. Based on the results of Hsiao (1997a, 1997b), all the virtues of two-stage least square (2SLS) hold if there are...
Persistent link: https://www.econbiz.de/10009439335
ABSTRACTThis study determines the impact of U.S. government policies on U.S. ethanol market and its consequences for the U.S. corn, sugar, and HFCS markets. Using corn as the primary input in ethanol and HFCS production in the United States, along with the substitutability between sugar and...
Persistent link: https://www.econbiz.de/10009439398