The determinants of hardwood lumber price

William Luppold; Jennifer M. Jacobsen; Jennifer M. Jacobsen

doi:10.2737/NE-RP-558

Treesearch

The determinants of hardwood lumber price

Informally Refereed

Authors:

William Luppold, Jennifer M. Jacobsen, Jennifer M. Jacobsen

Year:

1985

Type:

Research Paper

Station:

Northern Research Station

DOI:

https://doi.org/10.2737/NE-RP-558

Source:

Res. Pap. NE-558. Broomall, PA: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. 6 p.

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Download (PDF 479 KB): https://research.fs.usda.gov/download/treesearch/21738.pdf

Abstract

Econometric equations were estimated to determine the effects of domestic foreign hardwood lumber demands on oak and hardwood lumber prices. Oak price seemed to be more sensitive to changes in exports than overall hardwood lumber price. However, the main determinants of hardwood lumber and oak lumber prices were found to be domestic demand and millstock levels.

Keywords

economics, demand, oak

Citation

Luppold, William G.; Jacobsen, Jennifer M. 1985. The determinants of hardwood lumber price. Res. Pap. NE-558. Broomall, PA: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. 6 p.