Adjusting Timberland Lease Payments for Stumpage Price-Changes

1986 ◽  
Vol 3 (1) ◽  
pp. 22-25
Author(s):  
W. David Klemperer
Keyword(s):  
Inflation Rate ◽  
Annual Income ◽  
Private Forest ◽  
Forest Landowners ◽  
Price Changes ◽  
Price Increases ◽  
Stumpage Price ◽  
Nonindustrial Private Forest ◽  
To Receive ◽  
Private Forest Landowners

Abstract Many past industrial leases of private timberlands have proven unsatisfactory for landowners, because lease payments were constant during periods of rapidly increasing timber prices. Although many contracts now index lease payments to the inflation rate, few incorporate real increases in stumpage prices above the inflation rate. This paper examines variations of two basic methods for incorporating real stumpage price-increases into formulas for determining acceptable lease payments from views of both landowner and firm. These approaches offer more satisfactory means for nonindustrial private forest landowners to receive annual income before harvest and for firms to obtain wood supplies without the high cost of land purchase. North. J. Appl. For. 3:22-25, Mar. 1986.

How promptly nonindustrial private forest landowners regenerate their lands after harvest: a duration analysis

2008 ◽  
Vol 38 (8) ◽  
pp. 2109-2117 ◽  
Author(s):  
Xing Sun ◽  
Ian A. Munn ◽  
Changyou Sun ◽  
Anwar Hussain
Keyword(s):  
Duration Analysis ◽  
Time Interval ◽  
Private Forest ◽  
Forest Types ◽  
Forest Landowners ◽  
Factors Associated ◽  
The Mean ◽  
Nonindustrial Private Forest ◽  
Mean Time ◽  
Private Forest Landowners

Understanding factors that influence how promptly landowners regenerate their timberlands after harvest, if at all, is critical to developing policies to improve forest productivity. Mississippi forest landowners with over 100 acres (1 acre = 0.404 ha) of forestland were surveyed in 2006 to collect harvest and regeneration data from 1996 to 2006. This study investigated the length of the time interval between harvest and reforestation. Nonparametric duration analysis was used to examine how long nonindustrial private forest landowners waited to reforest after harvesting. Parametric duration analysis was used to examine factors that influenced the length of this period. The mean time elapsed from harvest to regeneration was 11 months for landowners that regenerated their lands. The instantaneous probability of regeneration reached its highest value in the 16th month after harvest and, thereafter, decreased steadily until the 28th month, after which the probability of regeneration was essentially nil. Interest in timber production, employing a consultant, and ownerships that were predominantly pine forest types were factors associated with substantially shorter reforestation times. Lower stumpage prices and higher reforestation costs were associated with substantially longer reforestation times.

The behavior of nonindustrial private forest landowners

1989 ◽  
Vol 19 (8) ◽  
pp. 1014-1023 ◽  
Author(s):  
Bengt T. Hyberg ◽  
Duncan M. Holthausen
Keyword(s):  
Empirical Evidence ◽  
Policy Implications ◽  
Private Forest ◽  
Forest Landowners ◽  
Nonindustrial Private Forest ◽  
Private Forest Landowners

Recent models of nonindustrial private forest landowner behavior have suggested that landowners seek nonmonetary as well as monetary returns from their forest investments. In this paper, landowners are modeled as maximizing utility, which is a function of income and nonpecuniary benefits. We explore the implications of this model for both harvesting and reforestation decisions, present empirical evidence that supports the model, and discuss some policy implications of the model.

scholarly journals The Role of Assistance Foresters in Nonindustrial Private Forest Management: Alabama Landowners' Perspectives

1998 ◽  
Vol 22 (2) ◽  
pp. 101-105 ◽  
Author(s):  
Daowei Zhang ◽  
Sarah Warren ◽  
Conner Bailey
Keyword(s):  
Forest Management ◽  
Low Income ◽  
Private Forest ◽  
Forest Landowners ◽  
Private Forest Management ◽  
Nonindustrial Private Forest ◽  
Private Forest Landowners

Abstract Nonindustrial private forest landowners in Alabama were surveyed and assistance foresters' involvement in their management activities documented. Overall, assistance foresters have participated in some 58% of all forest management activities. Consulting foresters account for 45 to 50% of those activities involving assistance foresters. Public foresters have more small and low income landowners as their clients, and consulting and industry foresters assist more medium and large landowners. The perception of all assistance foresters by the landowners is positive, and reputation is a key to acquire new clients. Respondents also believe that the number of public foresters should stay roughly the same or be increased, and they are evenly divided about paying a fee for services provided by public foresters. South. J. Appl. For. 22(2):101-105.

Private Forestry Consultants: 1983 Status and Accomplishments in Georgia

1986 ◽  
Vol 10 (4) ◽  
pp. 225-230 ◽  
Author(s):  
Donald G. Hodges ◽  
Frederick W. Cubbage
Keyword(s):  
Technical Assistance ◽  
Private Forest ◽  
Forest Landowners ◽  
Private Forestry ◽  
Nonindustrial Private Forest ◽  
Private Forest Landowners

Abstract Private forestry consultants working in Georgia were surveyed regarding technical assistance provided to the state's nonindustrial private forest landowners. In 1983, the 79 responding consultants managed more than 1.3 million ac, site-prepared 27,375 ac, planted 21,515 ac, and marked and sold more than 274,000 cords of pine pulpwood and 178,000,000 bd ft of pine sawtimber. Projections for the total known consultant population in Georgia indicate that 1.8 million ac were managed, 37,427 ac site-prepared, and 29,413 ac planted. Average fees charged by consultants were also surveyed and summarized. South. J. Appl. For. 10:225-230, Nov. 1986.

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