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Family-forest Owners' Willingness to Harvest Sawlogs and Woody Biomass: The Effect of Price on Social Availability

Francisco Aguilar, Daniel, Marissa “Jo” and Zhen Cai

Agricultural and Resource Economics Review, 2014, vol. 43, issue 2, 279-299

Abstract: Understanding willingness to harvest (WTH) is essential to assessing the social availability of woody biomass from private land. Currently, the only economically feasible way to harvest woody biomass is in conjunction with sawlogs. We examined WTH sawlogs and woody biomass from owners of family forests using data from a survey of Missouri forest owners. While their WTH increased with revenue expected from woody biomass, revenue expected from sawlogs was a stronger influence. Incentive payments for woody biomass thus are unlikely to increase its supply, and the social availability of woody biomass will remain limited unless sawlog prices rise significantly.

Date: 2014
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