The Impact of Public Harvest in the USA on North American Timber and Product Markets
The role of public timberlands in regional and national timber supply has been the subject of controversy for decades. Public harvest in the USA rose during the 1960s and 1970s as timber management programs were established to meet rising domestic wood needs. Harvest fell sharply in the 1990s as management focus shifted toward the provision of ecosystem services. The Timber Assessment Projection System is employed to examine what might have happened if public cut had not fallen in the 1990s and what could happen in the future if a program of restoration thinning were implemented on the national forests. Results of these simulations are consistent with past analyses in showing the importance of substitution across regions, owners, and products in damping the impacts of public cut changes at the national level, even though local effects may be large.
KeywordsPublic Land National Forest Timber Supply Timber Market Stumpage Price
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