What Drives the Potential Supply of Timber Residues from Private Lands?

Elena Dulys, Scott Swinton and Sarah Klammer

No 242363, 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association

Abstract: Timber residues, a wood production byproduct, are a low cost source of biomass that avoids the environmental and food market consequences of other energy feedstocks. We studied the effect that price, acreage owned, bio-energy attitudes, environmental amenities, and environmental disamenities have on the decision to harvest for non-commercial private forest owners in northern Michigan and Wisconsin. Over 60% of landowners were willing to provide timber residues at timber harvest or stand improvement (tree thinning) at prices starting at just $15 per acre. Important drivers of willingness to supply timber residues include the price offered for timber residue, single-species forest acreage owned, duration on land, and the aversion to environmental disamenities. The propensity to supply timber residues was highest among educated owners of larger scale, single-species forest who made less than $133,000/year.

Keywords: Environmental Economics and Policy; Land Economics/Use; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 29
Date: 2016-07-26
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea16:242363

DOI: 10.22004/ag.econ.242363

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