David J. Brooks

Evaluating the regional and distributional impacts of forestry cost-share payments.

Brooks D. J. (1986). Evaluating the regional and distributional impacts of forestry cost-share payments. Silva Fennica vol. 20 no. 4 article id 5291. https://doi.org/10.14214/sf.a27747

Abstract

Standard methods of welfare economics are used in a market simulating framework to evaluate policy measures designed to increase future timber supplies. Forest management cost-share programs are examined using this methodology. The differential regional impact of cost-share payments is considered, as is the distribution of these benefits between stumpage producers (owners of forest land) and stumpage consumers (producers of forest products). Previous estimates of the welfare gains that would result from a higher level of forest management cost-share payments in the southern United States are revised to account for the loss of public revenue resulting from lower future prices. A methodology for comparing alternative policy instruments is discussed, and a preliminary, qualitative comparison is made between the use of cost-share payments and alternative policy measures.

Keywords
forest policy; timber supply; timber market; United States; welfare economics; market simulation; cost-share payments

Published in 1986

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Available at https://doi.org/10.14214/sf.a27747 | Download PDF