DETERMINANTS OF NON-TIMBER VALUE IN NORTHERN HARDWOODS: A FRAMEWORK FOR FOREST RESOURCE ACCOUNTING

We propose a revealed-preference based definition of non-timber values and apply it to uneven-aged northern hardwoods in Wisconsin. Non-timber values so defined are found to be sizeable. Hedonic regressions reveal theoretically consistent signs and plausible magnitudes of determinants. Regional forest policy and natural resource accounting can both apply this concept.

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Year of publication:	1998
Authors:	Scarpa, Riccardo ; Buongiorno, Joseph ; Hseu, Jiin-Shyang ; Lee, Karen
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Environmental Economics and Policy

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Extent:	application/pdf
Series:	1998 Annual meeting, August 2-5, Salt Lake City, UT.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1998 Annual meeting, August 2-5, Salt Lake City, UT Number 20799
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005338767