FORECASTING THE FUTURE FOR TIMBER

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dc.creatorFerguson, Ian S.
dc.date2017-04-01T18:28:04Z
dc.date.accessioned2026-07-09T03:39:16Z
dc.descriptionFor each State a simple two-equation model of demand and supply was fitted to post-war data using two-stage least squares. Prior estimates of the housing coefficient were used to break collinearity problems in the demand function. Price elasticity of demand appears to be high and income elasticity moderate but declining with increasing income. The use of these estimates in forecasting is briefly outlined.
dc.identifierdoi:10.22004/ag.econ.22324
dc.identifierhttps://ageconsearch.umn.edu/record/22324/files/17030159.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/22324
dc.identifier.urihttp://hdl.handle.net/123456789/537553
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/22324
dc.titleFORECASTING THE FUTURE FOR TIMBER
dc.typeText

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University of Minnesota