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Since the early 2010s, the production of industrial wood pellet for overseas exports has grown considerably in the Southern United States (U.S.). In order to meet the increasing demand for woody biomass feedstock, the wood pellet mills in the U.S. South consume roundwood pulpwood along with low-valued logging residues and sawmill wood wastes. By estimating empirical roundwood pulpwood market models based on the bi-monthly time-series data, this study estimates the impacts of wood pellet production, precipitation, and the COVID-19 Pandemic on the hardwood and softwood pulpwood stumpage prices in 12 southeastern Atlantic coastal micro-markets. Results suggest that the wood pellet industry has led to an increase in pine pulpwood prices, but no statistically significant impact is found on the hardwood pulpwood prices. Rainfall is found to be a positive determinant of the roundwood pulpwood prices. Furthermore, since March 2020, the COVID-19 Pandemic is estimated to lead about 6% decline in both pine and hardwood pulpwood prices. This study provides empirical evidence and additional insights on the timber market dynamics and how small roundwood markets have reacted to the additional wood demand from a growing bioenergy industry in the U.S. South.
Rajan Parajuli. Wood pellets versus pulp and paper: Quantifying the impacts of wood pellets on the pulpwood markets in the southeastern United States. Journal of Cleaner Production 2021, 317, 128384 .
AMA StyleRajan Parajuli. Wood pellets versus pulp and paper: Quantifying the impacts of wood pellets on the pulpwood markets in the southeastern United States. Journal of Cleaner Production. 2021; 317 ():128384.
Chicago/Turabian StyleRajan Parajuli. 2021. "Wood pellets versus pulp and paper: Quantifying the impacts of wood pellets on the pulpwood markets in the southeastern United States." Journal of Cleaner Production 317, no. : 128384.
Trees outside forests (TOF) are integral components of rural livelihoods providing fodder, fruit, firewood, timber, and other ecosystem services. The extent and magnitude of the contribution of TOF may vary with the different socioeconomic and demographic factors of the households (HHs) within a community. Based on a comprehensive survey of 78 HHs and an inventory of their farms in the Tanahun district, Nepal, this study assessed the species diversity, richness, and carbon storage in TOF in various socioeconomic strata. We found 623 individual trees representing 38 species and 21 families. Species diversity was the highest in the farmland owned by indigenous people according to caste, middle-income class according to the well-being class, and farmers according to the main occupation of the HH. Species diversity varied significantly with the amount of land, the number of livestock, and the distance from one's home to forests; furthermore, the carbon stock per HH varied significantly with the amount of land, the number of livestock, caste, and well-being class. TOF contribute to a national carbon budget and therefore need to be considered in nationally determined contributions and performance-based payments in forestry systems (REDD+). Efforts to regularly measure and monitor TOF by including them in the national forest inventory system are crucial to record their contributions to the overall livelihood of local people and the national carbon budget.
Shes Kanta Bhandari; Tek Maraseni; Yajna Prasad Timilsina; Rajan Parajuli. Species composition, diversity, and carbon stock in trees outside forests in middle hills of Nepal. Forest Policy and Economics 2021, 125, 102402 .
AMA StyleShes Kanta Bhandari, Tek Maraseni, Yajna Prasad Timilsina, Rajan Parajuli. Species composition, diversity, and carbon stock in trees outside forests in middle hills of Nepal. Forest Policy and Economics. 2021; 125 ():102402.
Chicago/Turabian StyleShes Kanta Bhandari; Tek Maraseni; Yajna Prasad Timilsina; Rajan Parajuli. 2021. "Species composition, diversity, and carbon stock in trees outside forests in middle hills of Nepal." Forest Policy and Economics 125, no. : 102402.
The largest concentration of state-level forest cost-share programs in the United States can be found in the southern states. Since the inception of the first programs in the 1970s, the state-level forest cost-share programs in the US South have acted as models for the rest of the country. Cost-share programs compensate landowners through direct reimbursements to address barriers such as limited owner capital and cash flow in the initial years of investment. Through a review of the literature and progress reports from southern state forestry agencies, we qualitatively assessed state-level cost-share programs and their status in the southern states. We identified the common themes in the literature related to cost-share programs: market, nonmarket, and landowners’ perceptions and knowledge. Many of the programs enacted between the 1970s and 1980s aimed to ensure a sustainable timber supply, a market good, from private forestlands. A few of the programs enacted more recently compensate landowners for nonmarket benefits such as forest health or soil and water conservation. Two of the nine available programs are practically inactive in recent years because of a lack of funding. We discuss current prospects regarding funding, partnerships, and broadening the focus of incentives to cover forest-based ecosystem services. Study Implications Regionally, cost-share programs in the US South differ in eligibility criteria, funding source and status, and resource management objectives. The majority of state-level cost-share programs in the US South were enacted 30 to 50 years ago. The first cost-share programs were designed to support a continued timber supply from private forestlands, but a few recent programs have expanded their objectives to protect forest health and soil and water quality. Forest-based ecosystem service markets, specifically reforestation to capture atmospheric carbon dioxide and provide clean air and water, have become more prevalent in recent years. Funding for forest commodity incentive programs is a continual challenge. New funding sources and new programs are crucial to meet demands for incentives for landowners to provide both timber and ecosystem services outputs.
Stephanie J Chizmar; Rajan Parajuli; Robert Bardon; Frederick Cubbage. State Cost-Share Programs for Forest Landowners in the Southern United States: A Review. Journal of Forestry 2021, 119, 177 -195.
AMA StyleStephanie J Chizmar, Rajan Parajuli, Robert Bardon, Frederick Cubbage. State Cost-Share Programs for Forest Landowners in the Southern United States: A Review. Journal of Forestry. 2021; 119 (2):177-195.
Chicago/Turabian StyleStephanie J Chizmar; Rajan Parajuli; Robert Bardon; Frederick Cubbage. 2021. "State Cost-Share Programs for Forest Landowners in the Southern United States: A Review." Journal of Forestry 119, no. 2: 177-195.
Silvopasture is a type of agroforestry that could deliver ecosystem services and support local livelihoods by integrating trees into pasture-based livestock systems. This study modeled the financial returns from silvopastures, planted forests, and conventional cattle-pasture systems in Amazonas, Peru using capital budgeting techniques. Forests had a lower land expectation value (USD 845 per hectare) than conventional cattle systems (USD 1275 per hectare) at a 4% discount rate. “Typical” model silvopastures, based on prior landowner surveys in the Amazonas region, were most competitive at low discount rates. The four actual silvopastoral systems we visited and examined had higher returns (4%: USD 1588 to USD 9524 per hectare) than either alternative pure crop or tree system, more than likely through strategies for generating value-added such as on-site retail stands. Silvopasture also offers animal health and environmental benefits, and could receive governmental or market payments to encourage these practices.
Stephanie Chizmar; Miguel Castillo; Dante Pizarro; Hector Vasquez; Wilmer Bernal; Raul Rivera; Erin Sills; Robert Abt; Rajan Parajuli; Frederick Cubbage. A Discounted Cash Flow and Capital Budgeting Analysis of Silvopastoral Systems in the Amazonas Region of Peru. Land 2020, 9, 353 .
AMA StyleStephanie Chizmar, Miguel Castillo, Dante Pizarro, Hector Vasquez, Wilmer Bernal, Raul Rivera, Erin Sills, Robert Abt, Rajan Parajuli, Frederick Cubbage. A Discounted Cash Flow and Capital Budgeting Analysis of Silvopastoral Systems in the Amazonas Region of Peru. Land. 2020; 9 (10):353.
Chicago/Turabian StyleStephanie Chizmar; Miguel Castillo; Dante Pizarro; Hector Vasquez; Wilmer Bernal; Raul Rivera; Erin Sills; Robert Abt; Rajan Parajuli; Frederick Cubbage. 2020. "A Discounted Cash Flow and Capital Budgeting Analysis of Silvopastoral Systems in the Amazonas Region of Peru." Land 9, no. 10: 353.
Forest-based payments for ecosystem services markets have grown considerably in recent years. Besides timber products from harvests, forests offer multiple nontimber and intrinsic benefits, which could be important sources of income for landowners. In summer 2019, we organized four region-specific educational workshops all across North Carolina to educate landowners, Extension agents, and natural resource professionals about these alternative forest-based income streams. In this article, we cover the topics included in those workshops, postworkshop evaluation, and lessons learned from those events, which provide useful insights for Extension and outreach professionals in program design and delivery in forest-based payments for ecosystem service markets. Study Implications This article presents the details of a program, postworkshop evaluation, and lessons learned, which serve as useful guidelines for Extension and outreach educators in designing and delivering similar programs in forest-based alternative income streams. Although markets for ecosystem services are improving worldwide along with increasing research and outreach efforts in forest-based intrinsic benefits, results from evaluation surveys suggest that attendees had limited knowledge in forest carbon markets, wetland mitigation banking, and conservation easements in North Carolina. More region-specific Extension and outreach programs highlighting the locally available nontimber market options are recommended all across the country. Similarly, partnerships with other state agencies and institutions in program planning, advertisement, and delivery would improve effectiveness of similar Extension and outreach programs.
Rajan Parajuli; Stephanie Chizmar; Mark Megalos; Robert Bardon. Educating Landowners on Forest-Based Alternative Income Streams in North Carolina: Program Evaluation and Lessons Learned. Journal of Forestry 2020, 118, 551 -554.
AMA StyleRajan Parajuli, Stephanie Chizmar, Mark Megalos, Robert Bardon. Educating Landowners on Forest-Based Alternative Income Streams in North Carolina: Program Evaluation and Lessons Learned. Journal of Forestry. 2020; 118 (6):551-554.
Chicago/Turabian StyleRajan Parajuli; Stephanie Chizmar; Mark Megalos; Robert Bardon. 2020. "Educating Landowners on Forest-Based Alternative Income Streams in North Carolina: Program Evaluation and Lessons Learned." Journal of Forestry 118, no. 6: 551-554.
The South of Brazil is one of the most attractive regions for timberland investments in the world. High productivity and relatively attractive timber prices have gained attention from timberland investors. However, as in most emerging countries, it is not very clear how prices are transmitted across products and markets. Having this information is essential to strategic planning as well as understand the market structure. We investigate market linkages of the stumpage price of five products (fuelwood, pulpwood, sawtimber, veneer, and special veneer) in the three main pine producing states in Brazil (Paraná, Santa Catarina and Rio Grande do Sul). We use linear and regime shifting models and check the effect of external shocks on price transmission. The nonlinear process is observed main on high-grade timber (veneer and special veneer), possibly driven by their price recovery after the recession. Our results show that the spatial and between product price ratio converges back the market equilibrium within 10 months in the pine stumpage market in Brazil. This outcome indicates this market is efficient with small opportunities for arbritage profits.
Bruno Kanieski da Silva; Stella Z. Schons; Frederick W. Cubbage; Rajan Parajuli. Spatial and cross-product price linkages in the Brazilian pine timber markets. Forest Policy and Economics 2020, 117, 102186 .
AMA StyleBruno Kanieski da Silva, Stella Z. Schons, Frederick W. Cubbage, Rajan Parajuli. Spatial and cross-product price linkages in the Brazilian pine timber markets. Forest Policy and Economics. 2020; 117 ():102186.
Chicago/Turabian StyleBruno Kanieski da Silva; Stella Z. Schons; Frederick W. Cubbage; Rajan Parajuli. 2020. "Spatial and cross-product price linkages in the Brazilian pine timber markets." Forest Policy and Economics 117, no. : 102186.
In the coming decades, climate change is projected to cause carbon dioxide fertilization effects in pine forests in the US Southeast. Resulting changes in pine (loblolly) growth will impact forest markets and regional carbon sequestration. We examine this impact in the context of baseline demand scenarios of increasing sophistication to determine the relative impact of growth and business as usual assumptions on forest growing stock volume, removals, prices and carbon sequestration. We use above-ground biomass data generated from the 3-PG forest growth model based on 20 climate models and Representative Concentration Pathway scenarios 4.5 and 8.5. We examine forest market and carbon sequestration impacts using the Sub-Regional Timber Supply model, with and without climate change-related growth. Results suggest that forest growing stock will increase under all climate change scenarios. Timber prices under carbon fertilization are projected to be lower over the long run.
Jesse Henderson; Rajan Parajuli; Robert C. Abt. Biological and market responses of pine forests in the US Southeast to carbon fertilization. Ecological Economics 2019, 169, 106491 .
AMA StyleJesse Henderson, Rajan Parajuli, Robert C. Abt. Biological and market responses of pine forests in the US Southeast to carbon fertilization. Ecological Economics. 2019; 169 ():106491.
Chicago/Turabian StyleJesse Henderson; Rajan Parajuli; Robert C. Abt. 2019. "Biological and market responses of pine forests in the US Southeast to carbon fertilization." Ecological Economics 169, no. : 106491.
Rajan Parajuli; Omkar Joshi; Neelam C. Poudyal; Urs P. Kreuter. To Insure or not to Insure? Factors Affecting Acquisition of Prescribed Burning Insurance Coverage. Rangeland Ecology & Management 2019, 72, 968 -975.
AMA StyleRajan Parajuli, Omkar Joshi, Neelam C. Poudyal, Urs P. Kreuter. To Insure or not to Insure? Factors Affecting Acquisition of Prescribed Burning Insurance Coverage. Rangeland Ecology & Management. 2019; 72 (6):968-975.
Chicago/Turabian StyleRajan Parajuli; Omkar Joshi; Neelam C. Poudyal; Urs P. Kreuter. 2019. "To Insure or not to Insure? Factors Affecting Acquisition of Prescribed Burning Insurance Coverage." Rangeland Ecology & Management 72, no. 6: 968-975.
Softwood chip-n-saw (CNS), an intermediate stumpage product between sawtimber and pulpwood, has become a mainstay in southern timber markets in recent years. Most of the previous studies in southern timber markets primarily focused on pulpwood and sawtimber markets, and often overlooked CNS as a standalone timber product. Using the Subregional Timber Supply model, this study examines the dynamics of sawtimber- and pulpwood-dominated softwood stumpage markets with growing CNS markets in the US South. Results suggest that South-wide CNS inventory increases over the short run but begins to decrease by 2024, which leads to CNS prices rising over the years. The projected trends vary widely from one wood basket to another. This study provides additional nuance to future prospects of southern timber markets.
Rajan Parajuli; Shaun Tanger; Robert Abt; Frederick Cubbage. Subregional Timber Supply Projections with Chip-n-Saw Stumpage: Implications for Southern Stumpage Markets. Forest Science 2019, 65, 665 -669.
AMA StyleRajan Parajuli, Shaun Tanger, Robert Abt, Frederick Cubbage. Subregional Timber Supply Projections with Chip-n-Saw Stumpage: Implications for Southern Stumpage Markets. Forest Science. 2019; 65 (6):665-669.
Chicago/Turabian StyleRajan Parajuli; Shaun Tanger; Robert Abt; Frederick Cubbage. 2019. "Subregional Timber Supply Projections with Chip-n-Saw Stumpage: Implications for Southern Stumpage Markets." Forest Science 65, no. 6: 665-669.
Based on country-specific panel data from 1990–2014 for 86 different countries, we quantify the effects of forests and agricultural land in CO2 emissions, using the framework of the Environmental Kuznets Curve (EKC). The results from the dynamic panel data method reveal that forests are an important determinant in reducing CO2 emissions globally, but the effects vary by region. All else constant, we estimate a 0.11% decline in CO2 emissions per 1% increase in the forest area globally. However, the agricultural sector is found to be a true CO2 emitter. Our study provides additional empirical evidence for the roles of forests in regulating atmospheric CO2, further reinforcing the importance of forests in global climate change policies.
Rajan Parajuli; Omkar Joshi; Tek Maraseni. Incorporating Forests, Agriculture, and Energy Consumption in the Framework of the Environmental Kuznets Curve: A Dynamic Panel Data Approach. Sustainability 2019, 11, 2688 .
AMA StyleRajan Parajuli, Omkar Joshi, Tek Maraseni. Incorporating Forests, Agriculture, and Energy Consumption in the Framework of the Environmental Kuznets Curve: A Dynamic Panel Data Approach. Sustainability. 2019; 11 (9):2688.
Chicago/Turabian StyleRajan Parajuli; Omkar Joshi; Tek Maraseni. 2019. "Incorporating Forests, Agriculture, and Energy Consumption in the Framework of the Environmental Kuznets Curve: A Dynamic Panel Data Approach." Sustainability 11, no. 9: 2688.
Morgan Starr; Omkar Joshi; Rodney Will; Chris B Zou; Rajan Parajuli. Understanding Market Opportunities Utilizing the Forest Resources of the Cross-timbers Ecoregion. Journal of Forestry 2019, 117, 234 -243.
AMA StyleMorgan Starr, Omkar Joshi, Rodney Will, Chris B Zou, Rajan Parajuli. Understanding Market Opportunities Utilizing the Forest Resources of the Cross-timbers Ecoregion. Journal of Forestry. 2019; 117 (3):234-243.
Chicago/Turabian StyleMorgan Starr; Omkar Joshi; Rodney Will; Chris B Zou; Rajan Parajuli. 2019. "Understanding Market Opportunities Utilizing the Forest Resources of the Cross-timbers Ecoregion." Journal of Forestry 117, no. 3: 234-243.
Public land management agencies that provide outdoor recreation opportunities face financial constraints. Raising access fees is one approach to enhance fiscal sustainability. However, increased access costs may reduce visitation. Actual visitation changes are contingent on visitors’ price sensitivity, and these changes will influence revenue collection, visitor composition, changes in visitor welfare, and local economic impacts. Importantly, higher entrance fees may disproportionately affect visitors of different ethnicities and individuals from low-income populations. In this study, we developed a travel cost model using data collected during 2010 from 1,309 visitors across three state parks in northern Georgia to estimate the structure of recreation demand and the effects of potential fee increases across diverse populations. Results were applied to simulate the effects of various entrance fee levels on park revenue, visitor diversity, and visitor welfare, accounting for differential responses to fee hikes across different racial/ethnic groups. We found visitor demand to the parks was largely inelastic, signaling that decreases in visitation effected by a modest fee increase (e.g., from $5 to $8) would lead to higher total revenues. At higher fee values, decreased visitation offset potential revenue gains. Hispanics were less sensitive to entrance fee hikes than other visitors, suggesting that shifting fee structures could also impact visitor composition. If fees were to increase at state parks, the proportion of Hispanic visitors at parks would likely grow. This means that Hispanics would bear a disproportionate share of the cost burden under increasing fee scenarios. Additionally, state park recreation demand was highest among low-income visitors, suggesting that fee increases could have particularly significant negative impact on that group. To balance the possibly competing agency objectives of revenue generation and increased diversity, park managers may benefit from greater ex ante information provided by an applied framework like that developed in this analysis. Such analyses are expected to better inform management and policy makers concerning the likely economic effects of variation in state park access costs, including disproportionate impacts on racial/ethnic minorities. Subscribe to JPRA
J. Wyatt Cothran; J. M. Bowker; Lincoln R. Larson; Rajan Parajuli; Jason W. Whiting; Gary T. Green. Fee hikes at state parks in Georgia: Effects on visitation, revenues, welfare, and visitor diversity. Journal of Park and Recreation Administration 2019, 1 .
AMA StyleJ. Wyatt Cothran, J. M. Bowker, Lincoln R. Larson, Rajan Parajuli, Jason W. Whiting, Gary T. Green. Fee hikes at state parks in Georgia: Effects on visitation, revenues, welfare, and visitor diversity. Journal of Park and Recreation Administration. 2019; ():1.
Chicago/Turabian StyleJ. Wyatt Cothran; J. M. Bowker; Lincoln R. Larson; Rajan Parajuli; Jason W. Whiting; Gary T. Green. 2019. "Fee hikes at state parks in Georgia: Effects on visitation, revenues, welfare, and visitor diversity." Journal of Park and Recreation Administration , no. : 1.
Understanding perceptions and attitudes of forest managers toward climate change and climate adaptive forest management is crucial, as they are expected to implement changes to forest resource management. We assessed the perceptions of forest managers toward climate adaptive forest management practices through a survey of forest managers working in private firms and public agencies in New England and the Klamath ecoregion (northern California and southwestern Oregon). We analyzed the motivations, actions, and potential barriers to action of forest managers toward climate adaptive forest management practices. Results suggest that managing for natural regeneration is the most common climate adaptive forest management approach considered by forest managers in both regions. Lack of information about the best strategies for reducing climate change risks, lack of education and awareness among the clients, and perceived client costs were forest managers’ primary barriers to climate adaptive management. Our findings suggest useful insights toward the policy and program design in climate adaptive forest management for both areas.
Robert M. Scheller; Rajan Parajuli. Forest Management for Climate Change in New England and the Klamath Ecoregions: Motivations, Practices, and Barriers. Forests 2018, 9, 626 .
AMA StyleRobert M. Scheller, Rajan Parajuli. Forest Management for Climate Change in New England and the Klamath Ecoregions: Motivations, Practices, and Barriers. Forests. 2018; 9 (10):626.
Chicago/Turabian StyleRobert M. Scheller; Rajan Parajuli. 2018. "Forest Management for Climate Change in New England and the Klamath Ecoregions: Motivations, Practices, and Barriers." Forests 9, no. 10: 626.
State agencies and universities often use IMPLAN software and data to quantify economic contributions of forest-product industries in specific regions. Since IMPLAN software is designed to estimate economic impacts rather than economic contributions, adjustments have to be made to the direct effect values to avoid overstating the results of the analysis. Two economic contribution analysis approaches are most common: internal adjustments to the IMPLAN software and external adjustments of the input values by using output multipliers. Results suggest that both methods of contribution analysis produce similar total effects, but their approaches of handling direct effects are substantially different. The strengths and weaknesses of each method are discussed, and the importance of adjustments to obtain economic contribution estimates as opposed to economic impact estimates is highlighted. Furthermore, practitioners are cautioned to follow the steps carefully and explain which, between the two contribution analysis methods, was used in their analysis.
Rajan Parajuli; James E Henderson; Shaun Tanger; Omkar Joshi; Ram Dahal. Economic Contribution Analysis of the Forest-Product Industry: A Comparison of the Two Methods for Multisector Contribution Analysis Using IMPLAN. Journal of Forestry 2018, 1 .
AMA StyleRajan Parajuli, James E Henderson, Shaun Tanger, Omkar Joshi, Ram Dahal. Economic Contribution Analysis of the Forest-Product Industry: A Comparison of the Two Methods for Multisector Contribution Analysis Using IMPLAN. Journal of Forestry. 2018; ():1.
Chicago/Turabian StyleRajan Parajuli; James E Henderson; Shaun Tanger; Omkar Joshi; Ram Dahal. 2018. "Economic Contribution Analysis of the Forest-Product Industry: A Comparison of the Two Methods for Multisector Contribution Analysis Using IMPLAN." Journal of Forestry , no. : 1.
Despite its widespread recognition as a successful model of participatory forest management, the community forestry program in Nepal is often criticized for its protection-oriented emphasis. Recognizing the need for more active timber management, the government of Nepal recently adopted a scientific forest management (SFM) policy in the lowland tropical region. In this study, strength, weakness, opportunity, and threat analytical hierarchical process criteria were employed to understand stakeholder perceptions concerning SFM implementation in Nepal. The overall perception was prioritized in the order of strengths (35%), threats (28%), opportunities (22%), and weaknesses (16%). The study results suggest that there is agreement among stakeholders regarding the need for active management of forests in the tropical lowland region. However, the perceptions of academic researchers and non-government organization professionals differed from those of the other stakeholders in that those two groups were more concerned about potential corruption and uncertainties surrounding policy and legal issues. The findings suggest that the long-term success of SFM may depend on the ability of the government to develop a mechanism that is transparent and capable of ensuring equitable benefit sharing among stakeholders. While the stakeholder perception analysis performed in this study was focused on SFM implementation in Nepal, the results could have implications for other countries that practice the participatory model of forest governance as well.
Omkar Joshi; Rajan Parajuli; Gehendra Kharel; Neelam C. Poudyal; Eric Taylor. Stakeholder opinions on scientific forest management policy implementation in Nepal. PLoS ONE 2018, 13, e0203106 .
AMA StyleOmkar Joshi, Rajan Parajuli, Gehendra Kharel, Neelam C. Poudyal, Eric Taylor. Stakeholder opinions on scientific forest management policy implementation in Nepal. PLoS ONE. 2018; 13 (9):e0203106.
Chicago/Turabian StyleOmkar Joshi; Rajan Parajuli; Gehendra Kharel; Neelam C. Poudyal; Eric Taylor. 2018. "Stakeholder opinions on scientific forest management policy implementation in Nepal." PLoS ONE 13, no. 9: e0203106.
In this paper, we evaluate effects of the 2006 U.S.-Canada Softwood Lumber Agreement (SLA 2006) in U.S. lumber imports from Canadian provinces. Based on monthly data from January 1988 to October 2015, we estimate a system of U.S. softwood lumber import equations by using Seemingly Unrelated Regression approach. The results reveal that SLA 2006 had a negative impact on softwood lumber shipments to the U.S. from British Columbia, Ontario, Quebec, and Saskatchewan, and no effect on those from SLA-exempted provinces. Thus, SLA 2006 did not provide an opportunity for trade diversion from SLA covered provinces to exempted provinces.
Rajan Parajuli; Daowei Zhang; Keta Kosman. Province specific impacts of the 2006 United States-Canada Softwood Lumber Agreement: A seemingly unrelated regression approach. Forest Policy and Economics 2018, 90, 1 -6.
AMA StyleRajan Parajuli, Daowei Zhang, Keta Kosman. Province specific impacts of the 2006 United States-Canada Softwood Lumber Agreement: A seemingly unrelated regression approach. Forest Policy and Economics. 2018; 90 ():1-6.
Chicago/Turabian StyleRajan Parajuli; Daowei Zhang; Keta Kosman. 2018. "Province specific impacts of the 2006 United States-Canada Softwood Lumber Agreement: A seemingly unrelated regression approach." Forest Policy and Economics 90, no. : 1-6.
Softwood chip-n-saw (CNS) is a relatively new stumpage product in the sawtimber- and pulpwood-dominated stumpage markets in the U.S. South. Based on a quarterly data series from 2003 to 2016, this study estimates the demand and supply models of the softwood CNS stumpage market in Louisiana. The two-stage least squares (2SLS) results reveal that own price elasticity of demand (PED) is price elastic, and the cross-price elasticity (XED)with sawtimber approaches unit elasticity. On the supply side, CNS is price inelastic in supply (PES), but more responsive to own price changesthan sawtimber quantity supplied. Further, severance tax increases are found to decrease the supply of CNS, indicating that suppliers are responsive to severance tax incidence. As the first empirical estimation of CNS, the findings should be of interest to those involved in the analysis of Southeastern stumpage markets.
Shaun M. Tanger; Rajan Parajuli. Toward an Elasticity of Chip-N-Saw: Demand and Supply Models of Chip-N-Saw Stumpage in Louisiana. Forests 2018, 9, 211 .
AMA StyleShaun M. Tanger, Rajan Parajuli. Toward an Elasticity of Chip-N-Saw: Demand and Supply Models of Chip-N-Saw Stumpage in Louisiana. Forests. 2018; 9 (4):211.
Chicago/Turabian StyleShaun M. Tanger; Rajan Parajuli. 2018. "Toward an Elasticity of Chip-N-Saw: Demand and Supply Models of Chip-N-Saw Stumpage in Louisiana." Forests 9, no. 4: 211.
James E. Henderson; Omkar Joshi; Rajan Parajuli; William G. Hubbard. A regional assessment of wood resource sustainability and potential economic impact of the wood pellet market in the U.S. South. Biomass and Bioenergy 2017, 105, 421 -427.
AMA StyleJames E. Henderson, Omkar Joshi, Rajan Parajuli, William G. Hubbard. A regional assessment of wood resource sustainability and potential economic impact of the wood pellet market in the U.S. South. Biomass and Bioenergy. 2017; 105 ():421-427.
Chicago/Turabian StyleJames E. Henderson; Omkar Joshi; Rajan Parajuli; William G. Hubbard. 2017. "A regional assessment of wood resource sustainability and potential economic impact of the wood pellet market in the U.S. South." Biomass and Bioenergy 105, no. : 421-427.
Rajan Parajuli; Daowei Zhang. An Econometric Study of the Hardwood Sawtimber Stumpage Market in Louisiana. Forest Products Journal 2017, 67, 91 -100.
AMA StyleRajan Parajuli, Daowei Zhang. An Econometric Study of the Hardwood Sawtimber Stumpage Market in Louisiana. Forest Products Journal. 2017; 67 (1-2):91-100.
Chicago/Turabian StyleRajan Parajuli; Daowei Zhang. 2017. "An Econometric Study of the Hardwood Sawtimber Stumpage Market in Louisiana." Forest Products Journal 67, no. 1-2: 91-100.
Rajan Parajuli; Sudipta Sarangi; Sun Joseph Chang; R. Carter Hill. The United States-Canada softwood lumber trade: An actual versus optimal export tax. Forest Policy and Economics 2016, 73, 112 -119.
AMA StyleRajan Parajuli, Sudipta Sarangi, Sun Joseph Chang, R. Carter Hill. The United States-Canada softwood lumber trade: An actual versus optimal export tax. Forest Policy and Economics. 2016; 73 ():112-119.
Chicago/Turabian StyleRajan Parajuli; Sudipta Sarangi; Sun Joseph Chang; R. Carter Hill. 2016. "The United States-Canada softwood lumber trade: An actual versus optimal export tax." Forest Policy and Economics 73, no. : 112-119.