 Determinants of nonindustrial private forest landowner willingness to accept price offers for woody biomassShivan G.C. and Sayeed R. Mehmood Forest Policy and Economics, 2012, vol. 25, issue C, 47-55 Abstract: Nonindustrial private forests (NIPF) of the southern U.S., containing large quantities of small diameter trees are often viewed as the potential sources of woody biomass for future bioenergy production. Use of logging residues and non-marketable small diameter trees available in these forests, are thought to create economic opportunities for NIPF owners and contribute in maintaining healthy forest systems. However, in the absence of a well-defined market, it is difficult to predict the willingness of landowners for supplying biomass from their forests. This study uses multinomial logit models to understand landowners' willingness/unwillingness to supply biomass at hypothetical price levels and examines landowner, forest, and demographic characteristics underlying these decisions. The results indicate significant association between landowners' bid acceptance decisions and factors such as, forest tract size, size of trees in the forest, distance of landowners' residence from the forest, landowners' age, previous harvesting experience, price of timber, and forest management objectives. Keywords: Bioenergy; Utility maximization; Multiple bounded discrete choice methods; Cellulosic biomass (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:forpol:v:25:y:2012:i:c:p:47-55 DOI: 10.1016/j.forpol.2012.09.004 Access Statistics for this article Forest Policy and Economics is currently edited by M. Krott More articles in Forest Policy and Economics from Elsevier |
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