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Filtering by: Committee Member Buccola, Steve T. Contributor Adams, Darius M.

An econometric analysis of output supply and input demand in the Oregon softwood lumber and plywood industries

Creator:

Guerrero Ochoa, Isabel G.

Abstract:

The present study employs a normalized restricted quadratic profit function approach to estimate lumber and plywood supply and Marshallian factor demand elasticities for four region-product combinations in Oregon for the period 1970-2010. The four log demand functions will be employed as the "demand side" of the log market model of...

Resource Type:

Capstone Project

Full Text:

= βji) is as follows: The profit function (1) π(p,w,K,t) = α0+β0 (Yp /ppi)+ β1 (Logp/ppi) + β2