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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

Author

Listed:
  • Ahmed Barkaoui
  • Seyed Mahdi Heshmatol Vaezin

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

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.

Suggested Citation

  • Ahmed Barkaoui & Seyed Mahdi Heshmatol Vaezin, 2007. "Estimation de la valeur du bois sur pied par la méthode des prix hédonistes: Application aux ventes d’automnes de l’ONF en Lorraine," Working Papers - Cahiers du LEF 2007-02, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.
    • Handle: RePEc:lef:wpaper:2007-02
    as

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    File URL: http://www.nancy.inra.fr/lef/content/download/2912/28873/version/1/file/doc_LEF_n2007-02.pdf
    File Function: First version, 2007
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    References listed on IDEAS

    as
    1. 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.
    2. 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..
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    hedonic prices; stumpage; Lorraine;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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