Journal of Forest Economics > Vol 9 > Issue 3

Decisions nonindustrial forest landowners make: an empirical examination

M.Christine Conway, , Gregory S. Amacher, , gamacher@vt.edu Jay Sullivan, , David Wear, ,
 
Suggested Citation
M.Christine Conway, Gregory S. Amacher, Jay Sullivan and David Wear (2003), "Decisions nonindustrial forest landowners make: an empirical examination", Journal of Forest Economics: Vol. 9: No. 3, pp 181-203. http://dx.doi.org/10.1078/1104-6899-00034

Published: 0/0/2003
© 0 2003 M.Christine Conway, Gregory S. Amacher, Jay Sullivan, David Wear
 
Subjects
 
Keywords
nonindustrial forest landownersbequestsdebtnontimber activitiesabsenteeismforest fragmentation
 

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Abstract

Our purpose is to estimate a model of non-industrial forest landowner behavior that considers certain types of behavior that have escaped discussion and rigorous investigation in the literature, yet which are critical to future policy making. Our focus on the many different but related decisions landowners make broadens the typical understanding of landowner behavior to show how bequest motives, debt and participation in non-timber activities, and harvesting decisions are interrelated and dependent on landowner preferences, market, and land characteristics.

DOI:10.1078/1104-6899-00034