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Alternative supply specification and estimates of regional supply and demand for stumpage



Alternative supply specification and estimates of regional supply and demand for stumpage



Research Paper Pacific Northwest Research Station, USDA Forest Service ( PNW-RP-399): ii + 19 pp.



Four plausible sets of stumpage supply and demand equations were developed and estimated with annual time-series data for Montana. The demand equation was the same for each model and included current stumpage price, product prices as measured by a lumber price index, and conversion costs.

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Accession: 002023229

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