A Spatial Panel Data Analysis of Tree Planting in the US South

@inproceedings{Li2007ASP,
  title={A Spatial Panel Data Analysis of Tree Planting in the US South},
  author={Yanshu Li and Daowei Zhang},
  year={2007}
}
This study used panel data models with spatial error correlation to analyze private tree planting in the US South from 1955 to 2003. Controlling for statewide, fixed effects allows us to disentangle the effect of spatial interaction from that of state heterogeneity and omitted variables. The results show that there is significant spatial interdependence among the southern states in private tree planting. Harvest rates, softwood sawtimber price, income levels, cost of capital, and federal and… CONTINUE READING

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