{"id":{"repo_id":"central-wash","oai_identifier":"oai:digitalcommons.cwu.edu:etd-1658"},"canonical_url":"https://search.dev.ndltd.org/etd/central-wash/oai:digitalcommons.cwu.edu:etd-1658","repository":{"repo_id":"central-wash","name":"Central Washington University","base_url":"https://digitalcommons.cwu.edu/do/oai/"},"display":{"title":"The Economic Impacts of Forest Timber Methods in Washington State: a Hedonic Approach","abstract":"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.","abstract_html":"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.&lt;strong&gt; &lt;/strong&gt; I estimate two sets of hedonic fixed effect regression models to control for omitted variable bias and spatial autocorrelation. 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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."]},{"key":"dc:title","label":"Title","values":["The Economic Impacts of Forest Timber Methods in Washington State: a Hedonic Approach"]}]}],"canonical_facts":{"dc:contributor":["Toni Sipic","Charles Wassell, Jr.","Robert J. Hickey"],"dc:creator":["Javier, Kaleb"],"dc:date.available":["2017-06-19T07:00:00Z"],"dc:description.abstract":["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. 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