The Long-Term Adequacy of World Timber Supply / Edition 1

by Roger A. Sedjo, Kenneth S. Lyon

Overview

Projecting modest future growth for both prices and harvest levels, this study, first published in 1990, provides theoretical and empirical justification for challenging the conventional wisdom that real timber prices will rise for the indefinite future. The study presents fifty-year projections of regional and world harvest levels, world market price, and investments in forest regeneration by region. This book will be of particular interest to students of economics and environmental studies.

Product Details

ISBN-13:	9781138935617
Publisher:	Taylor & Francis
Publication date:	06/03/2015
Series:	Routledge Revivals
Pages:	250
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Sedjo, Roger A.; Lyon, Kenneth S.

Table of Contents

Foreword; Preface and Acknowledgements; 1. Introduction 2. World Forest Resources and Production 3. Long-Term Price and Consumption Behaviour 4. The Model and its Assumptions 5. Introducing Demand in the Timber Supply Model 6. The Role of Technological Change 7. A Technical Presentation of the Timber Supply Model 8. Base-Case Forecast and Analysis 9. Scenario Analysis 10. Conclusions and Implications; Appendixes; Glossary; Index

Editorial Reviews

The authors present the first economic model of world timber supply and employ it to investigate the adequacy of that supply from the major timber-producing regions. They present fifty-year projections of regional and world harvest levels, world market price, and investments in forest regeneration by region. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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