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A Welfare Analysis of Long-Term Forest Products Price Stabitization

Author

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  • Darius M. Adams
  • Richard W. Haynes
  • David R. Darr

Abstract

The prospective welfare and market impacts offederal efforts to stabilize prices of wood products are examined for two alternative strategies involving manipulating Forest Service harvest levels. Generally, these stabilization strategies yield substantial net benefits. Consumers consistently gain, while losses by stumpage producers and by end product suppliers in the South are largely offset by gains in the West.

Suggested Citation

  • Darius M. Adams & Richard W. Haynes & David R. Darr, 1977. "A Welfare Analysis of Long-Term Forest Products Price Stabitization," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 662-673.
    • Handle: RePEc:oup:ajagec:v:59:y:1977:i:4:p:662-673.
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    File URL: http://hdl.handle.net/10.2307/1239393
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