This paper applies a two-period timber and amenity production model to assess the hardwood harvesting choices of different forest owner groups at the stand level by utilizing USDA Forest Service Forest Inventory Analysis (FIA) data for nine southern states. We find that forest industry and institutional timberland owners are more likely to do partial harvests than non-industrial private forest (NIPF) landowners and that all of three owner groups are less likely to harvest if there is a high possibility of generating revenues from amenities. Final harvests are more price and income elastic than partial harvests among all owners at both of stand level and aggregate level. Additionally, stand-level timber supply for institutional owners is more responsive to stumpage price change than for industry and NIPF landowners. At the aggregate level, institutional timberland owners respond the most to stumpage prices for partial harvest among all owners.

中文翻译：

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联合森林生产的理论和实证分析：木材供应和便利服务

本文利用美国农业部林务局森林资源清查分析 (FIA) 对南部九个州的数据，应用两期木材和设施生产模型来评估不同森林所有者群体在林分层面的阔叶木采伐选择。我们发现，森林工业和机构林地所有者比非工业私有林 (NIPF) 土地所有者更有可能进行部分采伐，并且如果从便利设施中获得收入的可能性很高，那么所有三个所有者群体都不太可能进行采伐。在林分水平和总体水平上，所有所有者的最终收获比部分收获具有更高的价格和收入弹性。此外，与工业和 NIPF 土地所有者相比，机构所有者的林木供应对立木价格变​​化更敏感。在综合层面，