1st Edition

The Long-Term Adequacy of World Timber Supply

By Pierre R. Crosson, Kenneth S. Lyon Copyright 2015
250 Pages
by Routledge

250 Pages
by Routledge

250 Pages
by Routledge

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... Read more

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

Biography

Sedjo, Roger A.; Lyon, Kenneth S.