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          Volume 06, Number 02, December 1981 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/32572

Title: QUALITY ADJUSTED PRICE INDICES FOR DOUGLAS-FIR TIMBER
Authors: Brannman, Lance
Buongiorno, Joseph
Fight, Roger
Issue Date: 1981-12
Abstract: The purpose of this paper is to determine if there have been systematic changes in the characteristics of Douglas-fir stumpage sold on National Forests in the Pacific Northwest that would significantly bias the price of stumpage. Four hedonic methods were used to develop indices of pure price change holding stumpage characteristics constant. None indicated a significant trend in quality over the period 1968 to 1978. Quality differences, however, appeared to play a role in the year-to-year price changes. The advantage and inconveniences of each indexing method and their use for various purposes are discussed.
URI: http://purl.umn.edu/32572
Institution/Association: Western Journal of Agricultural Economics>Volume 06, Number 02, December 1981
Total Pages: 14
Language: English
From Page: 259
To Page: 272
Collections:Volume 06, Number 02, December 1981

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