The length and determinants of forestland ownerships in Mississippi from 1999 to 2019

Mahesha K. Kuluppuarachchi, Changyou Sun, Jason S. Gordon, Donald L. Grebner, Ian A. Munn and Jia Yang

Forest Policy and Economics, 2021, vol. 129, issue C

Abstract: More than half of the United States' forestland is owned by millions of private forest landowners with small parcels. The length of forestland ownerships and its determinants are examined using duration analysis on a sample of parcels in Mississippi from 1999 to 2019. Overall, forestland ownership duration is short. About 46% of all the sampled parcels were sold at least once over the 21 years, and on average, the ownership duration of these sold parcels is only 5.4 years. The median survival time of new ownership in this sample is 12.2 years only. The forested acreage of a parcel, the residence location of an owner, and several socioeconomic variables have influenced land ownership duration.

Keywords: Absentee landowners; Cox hazard model; Duration analysis; Ownership duration; Time-dependent covariates (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:forpol:v:129:y:2021:i:c:s1389934121001234

DOI: 10.1016/j.forpol.2021.102517

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