Stuart, William B.; Grace, Laura A.; Grala, Robert K. - In: Forest Policy and Economics 12 (2010) 6, pp. 451-456
This study utilized financial records of private logging firms to examine if returns to scale exist in the logging industry in the Eastern United States. A total of 658 observations of contractor's logging costs and production collected for fiscal years 1988-2007 from 12 states were used in the...