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Title: Relationship of log production in Oregon and Washington to economic conditions.
Author: Wall, Brian R.
Source: Res. Pap. PNW-RP-147. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 18 p
Description: Increasing demand for timber has put upward pressure on log production levels in Oregon and Washington. Fluctuations in log production result primarily from changes in national demand for wood products. The log production cycle with respect to business conditions has become countercyclical since World War II. During the 1949-69 period, annual changes in housing starts, lagged 1 year, were significantly related to changes in total timber harvest on all ownerships and to changes in National Forest stumpage prices for all species. Annual stumpage price changes were significantly related to annual changes in log production.
Keywords: forestry business economics, timber, housing, forest appraisal
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Wall, Brian R. 1972. Relationship of log production in Oregon and Washington to economic conditions. Res. Pap. PNW-RP-147. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 18 p
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