G2TT
来源类型Monograph (IIASA Working Paper)
规范类型论文
Long Run Timber Supply: Price Elasticity, Inventory Elasticity, and the Capital-Output Ratio.
Binkley CS
发表日期1985
出版者IIASA, Laxenburg, Austria: WP-85-010
出版年1985
语种英语
摘要Timber production requires substantially more capital per unit output than do most economic enterprises. The quantity of capital deployed depends primarily on the rotation length and the output price of stumpage. In a long run timber supply model this gives rise to a "backward bending" supply curve. This paper summarizes a long run model of timber supply, and computes the associated price and inventory elasticities. The role of capital in timber production is explored through a continuous time formulation of the usual Faustmann point input/point output model. The theoretical results are illustrated through an example based on loblolly pine yields.
主题Forest Sector Program (FSP)
URLhttp://pure.iiasa.ac.at/id/eprint/2690/
来源智库International Institute for Applied Systems Analysis (Austria)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/123222
推荐引用方式
GB/T 7714
Binkley CS. Long Run Timber Supply: Price Elasticity, Inventory Elasticity, and the Capital-Output Ratio.. 1985.
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