Regulation and stumpage prices - A tale of two states
Publication Date
1999
Journal or Book Title
Journal Of Forestry
Abstract
Conventional wisdom suggests that the regulation of timber harvesting adds expense to the process, thereby reducing profitability, and that landowners would bear the resulting cost of this regulation through reduced stumpage values. This study compared more than five years of quarterly stumpage prices in Massachusetts, a state with comprehensive statewide forest cutting practices regulations, with prices in Connecticut, a similar and adjacent state with no such regulations. The results suggest that the Massachusetts regulations do not adversely affect stumpage prices and landowner profit from the sale of timber.
DOI
https://doi.org/10.1093/jof/97.10.12
Volume
97
Issue
10
Pages
12-16
Recommended Citation
Kittredge, DB; Rickenbach, MG; and Broderick, SH, "Regulation and stumpage prices - A tale of two states" (1999). Journal Of Forestry. 279.
https://doi.org/10.1093/jof/97.10.12