Forest Sciences Commons^™

Identifying The Factors Distinguishing Timber Sales On Industrial And Non-Industrial Private Forest Lands In Arkansas, Sayeed R. Mehmood, Prabudhda Dahal

Journal of the Arkansas Academy of Science

Although forests provide a wide variety of products and services, timber still continues to be the most valued forest product in the marketplace. More than two-third of the nation's forests are under private control, some are owned by industries (about 10%) while a much larger portion (about 59%) is owned by individuals. This study investigates the differences between timber sales offered by industrial and non-industrial ownerships. A test of means revealed that there is a significant difference between per hectare bid for these 2 types of sales. A logistic regression model was then estimated to identify important factors characterizing this …