You are here: Home
/ Publication Information
Title: Federal Timber Restrictions and Interregional Arbitrage in U.S. Lumber
Author: Murray, Brian C.; Wear, David N.;
Source: Land Economics, February 1998, 74 (1):76-91
Publication Series: Miscellaneous Publication
Description: Harvesting restrictions to protect the habitat of the northern spotted owl on federal forests in the Pacific Northwest (PNW) substantially reduced timber available for precessing by the forest products industry. We consider the extent to with these restrictions may have altered the degree of integration of the PNW and U.S. South in a national market for lumber. Decriptive statistics and econometric analysis of monthly price data suggest that a structural break occurred in the relationship between the two regions' product prices around the time of the harvest restrictions leading to a more integrated market after the restrictions were imposed.
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
- You may send email to firstname.lastname@example.org to request a hard copy of this publication. (Please specify exactly
which publication you are requesting and your mailing address.)
XML: View XML
Murray, Brian C.; Wear, David N. 1998. Federal Timber Restrictions and Interregional Arbitrage in U.S. Lumber. Land Economics, February 1998, 74 (1):76-91
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility