a cluster-sample econometric approach

Bruciamacchie , Max
        INRA
        , Nancy .
         UMR 0356 Laboratoire d'Economie Forestière; Garcia , Serge
        INRA
        , Nancy .
         UMR 0356 Laboratoire d'Economie Forestière; Stenger , Anne
        INRA
        , Nancy .
         UMR 0356 Laboratoire d'Economie Forestière; Julio Javier Diez

a cluster-sample econometric approach | How timber harvesting and biodiversity are managed in uneven-aged forests

2012

Bruciamacchie , Max (INRA , Nancy (France). UMR 0356 Laboratoire d'Economie Forestière) | Garcia , Serge (INRA , Nancy (France). UMR 0356 Laboratoire d'Economie Forestière) | Stenger , Anne (INRA , Nancy (France). UMR 0356 Laboratoire d'Economie Forestière) | Julio Javier Diez

This paper investigates the joint production of timber and biodiversity by non-industrial private forest owners using a micro-econometric household production model. The objective is to explain the relationships between harvesting, timber price and the diversity of tree species. A two-step estimation procedure is implemented by fi rst estimating the diversity demand equation and then thetimber supply equation in which the predicted value of diversity is a regressor. From a database of uneven-aged forests in France, we use cluster-sample econometric methods for an error component structure allowing for a multi-species framework. Results show that timber and species diversity are substitutes and that timber price positively a ffects diversity.

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