To abstract the fundamental market structures of stumpage sold from the Siuslaw National Forest, a three-equation structural model with different assumptions on private cut was empirically derived. Under the private cut price-fixed assumption, the structural model can be simplified as a single-equation model with stumpage price as dependent variable and...
This study centered upon two objectives. First, to demonstrate and apply a statistical method, the transfer function, and to test its usefulness in regional economic modeling and regional impact ana1ysis; and second, to obtain a better understanding of the causal relationships among total employment, government employment, lumber and wood products...