How Do You Rate This Publication?       

Title:	Biological and Economic Productivity of Mixed-Aged Loblolly Pine Stands in the South
Author(s):	Raunikar, Ronald; Buongiorno, Joseph; Prestemon, Jeffrey P.; Lee-Abt, Karen
Date:	1999
Source:	Proceedings of the 1999 Southern Forest Economics Workshop, April 18-20, Biloxi, MS
Description:	The financial performance of the 991 sample plots of uneven-aged loblolly-hardwood stands in the Central South FIA database examined in this report depend crucially on real price trends. Equivalent annual income (EAI) is the measure of economic performance. The regional market stumpage price data are from the Timber Mart-South database. For this set of prices, a higher real price level prevailed in most of the regional markets after 1993. The mean EAI was $56/ac/yr most of which was due largely to the favorable trend in real timber prices. The mean EAI with the real price maintained at the starting price was $10/ac/yr. The increasing real price trend during the study period dominated all other factors in determining financial performance. With this increasing price trend, the best performing lands are overstocked stands and the opportunity cost of conservation is negative. Constant price EAI is affected significantly by the stand basal area, total number of trees, number of hardwood trees, and number of trees near saw timber size. The effect of some factors on constant price EAI is significantly stronger on publicly held lands than on privately held lands. No difference between the financial performance of industrially owned lands and other privately held lands is apparent.
	View and Print this Publication (132 KB)
Pristine Version:	An uncaptured or "pristine" version of this publication is available. It has not been subjected to OCR (Optical Character Recognition) and therefore does not have any errors in the text. However it is a larger file size and some people may experience long download times. The "pristine" version of this publication is available here: View and Print the PRISTINE copy of this Publication (704 KB)
Publication Notes:	We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information. This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain. Our on-line publications are scanned and captured using Adobe Acrobat. During the capture process some typographical errors may occur. Please contact the SRS Webmaster, srswebmaster@fs.fed.us if you notice any errors which make this publication unuseable.
	Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility