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Estimation de la valeur du bois sur pied par la méthode des prix hédonistes: Application aux ventes d’automnes de l’ONF en Lorraine

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  • Ahmed Barkaoui

    ()

  • Seyed Mahdi Heshmatol Vaezin

    (Laboratoire d'Economie Forestiere, INRA - AgroParisTech (Engref))

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    Abstract

    A stumpage hedonic prices model is specified and estimated using ONF’s data on the 1996’s timber autumn sales in Lorraine. The analysis of stumpage price determinants allowed to propose a new model specification that improves former models. This specification uses a new functional form to take into account the tree dimension. It also introduces new variables concerning stand structure and forest management. Finally, the modeling is used to illustrate the incidence on stumpage price of some variables like the ring width average or the average volume per acre harvested.

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    Bibliographic Info

    Paper provided by Laboratoire d'Economie Forestiere, AgroParisTech-INRA in its series Working Papers - Cahiers du LEF with number 2007-02.

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    Length: 22 pages
    Date of creation: Jun 2007
    Date of revision:
    Handle: RePEc:lef:wpaper:2007-02

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    Related research

    Keywords: hedonic prices; stumpage; Lorraine;

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    References

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    1. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    2. Puttock, G. David & Prescott, D.M. & Meilke, Karl D., 1989. "Stumpage Prices In Southwestern Ontario: A Hedonic Function Approach," Working Papers 123573, University of Guelph, Department of Food, Agricultural and Resource Economics.
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