Modeling nonindustrial private forest landowner behavior in face of woody bioenergy markets

Andres Susaeta, Pankaj Lal, Douglas R. Carter, Janaki Alavalapati

Research output: Contribution to journalArticle

11 Citations (Scopus)

Abstract

This article analyzed the impacts of emerging woody bioenergy markets on the behavior of nonindustrial private forest (NIPF) landowners in the state of Florida, United States. A seemingly unrelated regression (SUR) approach was used to assess the supply of sawtimber, pulpwood, woody bioenergy and demand for labor. Data was gathered from official statistical reports of the forestry sector in Florida spanning 1970 to 2006. The econometric analysis suggested that consistent own price elasticities could be obtained from the SUR approach. The results indicated that an increased price of woody bioenergy implied an increase in the production of pulpwood and demand for labor. Results also suggested that forest landowners might financially benefit from emerging bioenergy markets.

Original languageEnglish
Pages (from-to)419-428
Number of pages10
JournalBiomass and Bioenergy
Volume46
DOIs
StatePublished - 1 Nov 2012

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nonindustrial private forests
landowners
bioenergy
landowner
Personnel
markets
pulpwood
market
Forestry
modeling
Elasticity
labor
demand elasticities
econometrics
elasticity
forestry
private forest
demand
price

Keywords

  • Bioenergy
  • Elasticities
  • Landowners
  • Policy simulation
  • Profit function

Cite this

Susaeta, Andres ; Lal, Pankaj ; Carter, Douglas R. ; Alavalapati, Janaki. / Modeling nonindustrial private forest landowner behavior in face of woody bioenergy markets. In: Biomass and Bioenergy. 2012 ; Vol. 46. pp. 419-428.
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Modeling nonindustrial private forest landowner behavior in face of woody bioenergy markets. / Susaeta, Andres; Lal, Pankaj; Carter, Douglas R.; Alavalapati, Janaki.

In: Biomass and Bioenergy, Vol. 46, 01.11.2012, p. 419-428.

Research output: Contribution to journalArticle

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