Estimation de la valeur du bois sur pied par la méthode des prix hédonistes: Application aux ventes d’automnes de l’ONF en Lorraine

A stumpage hedonic prices model is specified and estimated using ONF’s data on the 1996’s timber autumn sales in Lorraine. The analysis of stumpage price determinants allowed to propose a new model specification that improves former models. This specification uses a new functional form to take into account the tree dimension. It also introduces new variables concerning stand structure and forest management. Finally, the modeling is used to illustrate the incidence on stumpage price of some variables like the ring width average or the average volume per acre harvested.