Federal timber restrictions , interregional spillovers , and the impact on US softwood markets

@inproceedings{Weara2001FederalTR,
  title={Federal timber restrictions , interregional spillovers , and the impact on US softwood markets},
  author={David N. Weara and Brian C. Murrayb},
  year={2001}
}
  • David N. Weara, Brian C. Murrayb
  • Published 2001
An econometric model of the US softwood lumber and timber markets is estimated and used to simulate the price, trade, and welfare effects of reductions in federal timber sales in the western US commencing in the late 1980s. Results indicate that the timber sale reductions increased lumber prices by roughly 15 percent in the mid-1990s. Lumber consumers were the unambiguous losers from the policy, while lumber and timber producers were net welfare gainers as the quantity-induced losses to western… CONTINUE READING