Determinants Of Non-Timber Value In Northern Hardwoods: A Framework For Forest Resource Accounting
We propose a revealed-preference based definition of non-timber values and apply it to uneven-aged northern hardwoods in Wisconsin. Non-timber values so defined are found to be sizeable. Hedonic regressions reveal theoretically consistent signs and plausible magnitudes of determinants. Regional forest policy and natural resource accounting can both apply this concept.
|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202|
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ching-Rong Lin & Joseph Buongiorno, 1998. "Tree Diversity, Landscape Diversity, and Economics of Maple-Birch Forests: Implications of Markovian Models," Management Science, INFORMS, vol. 44(10), pages 1351-1366, October.
- Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, March.
- Nancy E. Bockstael, 1996. "Modeling Economics and Ecology: The Importance of a Spatial Perspective," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1168-1180.
- John M. Hartwick, 1990.
"Natural Resources, National Accounting and Economic Depreciation,"
771, Queen's University, Department of Economics.
- Hartwick, John M., 1990. "Natural resources, national accounting and economic depreciation," Journal of Public Economics, Elsevier, vol. 43(3), pages 291-304, December.
When requesting a correction, please mention this item's handle: RePEc:ags:aaea98:20799. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.