The Economic Impacts of Forest Timber Methods in Washington State: a Hedonic Approach

Washington State is one of the nation’s leaders in timber production. This paper establishes literature gap regarding the economic impacts of forest timber management methods. In this research, I employ a data set of 170,141 home sales across eleven counties of western Washington to estimate the impact that even-age and uneven-age forest cutting methods have on the local real-estate market.<strong> </strong> I estimate two sets of hedonic fixed effect regression models to control for omitted variable bias and spatial autocorrelation. The results show statistically significant impacts on property values for both cutting methods, adding important information for forest managers.

Name thesis:degree_name

Master of Science (MS)

Discipline thesis:degree_discipline

Cultural and Environmental Resource Management

Year dc:date.available

2017

Author dc:creator

• Javier, Kaleb

Contributors dc:contributor

• Toni Sipic
• Charles Wassell, Jr.
• Robert J. Hickey

• Even-age
• Uneven-age
• Clear-cut
• Hedonic
• Environmental Economics
• Revealed Preference
• Environmental Impact
• Forest
• Econometrics
• Environmental Studies
• Geographic Information Sciences
• Real Estate
• Regional Economics

Language dc:language

English

Repository record dc:identifier

https://digitalcommons.cwu.edu/etd/668

OAI identifier oai:identifier

oai:digitalcommons.cwu.edu:etd-1658