{"id":{"repo_id":"vt","oai_identifier":"oai:vtechworks.lib.vt.edu:10919/105973"},"canonical_url":"https://search.dev.ndltd.org/etd/vt/oai:vtechworks.lib.vt.edu:10919/105973","repository":{"repo_id":"vt","name":"Virginia Tech","base_url":"https://vtechworks.lib.vt.edu/oai/request"},"display":{"title":"Short-run impacts of a value added tax on forest products","abstract":"As the federal deficit rises in the United States, interest in a consumption tax system or the value added tax (VAT) also increases. This investigation attempts to determine the short-run impacts of a value added tax upon private forest management. A literature review investigates the theoretical economic impacts of a VAT and experience with the tax in other countries. Then supply and demand functions in both the southern pine sawtimber stumpage and new single-facility housing sector are empirically derived. These functions are used to determine the short-run housing price elasticities of the quantity of houses sold and the price and quantity of stumpage sold. From this, the impact of a VAT-induced housing price change is determined, and simulation with different VAT rates are performed. Based on housing markets alone, it is found that a VAT is likely to cause a short-run reduction in sawtimber stumpage price and quantity demanded which is less than 1/10 percent of the VAT rate.","abstract_html":"As the federal deficit rises in the United States, interest in a consumption tax system or the value added tax (VAT) also increases. This investigation attempts to determine the short-run impacts of a value added tax upon private forest management. A literature review investigates the theoretical economic impacts of a VAT and experience with the tax in other countries. Then supply and demand functions in both the southern pine sawtimber stumpage and new single-facility housing sector are empirically derived. These functions are used to determine the short-run housing price elasticities of the quantity of houses sold and the price and quantity of stumpage sold. From this, the impact of a VAT-induced housing price change is determined, and simulation with different VAT rates are performed. Based on housing markets alone, it is found that a VAT is likely to cause a short-run reduction in sawtimber stumpage price and quantity demanded which is less than 1/10 percent of the VAT rate.","abstract_has_math":false,"creators":["D'Angelo, Karen Rose"],"institution":"Virginia Polytechnic Institute and State University","degree_name":"M.S.","degree_level":"masters","degree_discipline":"Forestry","degree_department":"Forestry","school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":1983,"date_issued":"1983","date_published":"1983","updated_at":"2026-07-22T22:19:31Z","subjects":[],"languages":["en"],"rights":["In Copyright"],"rights_urls":["http://rightsstatements.org/vocab/InC/1.0/"],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/10919/105973","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.department","label":"Department","values":["Forestry"]},{"key":"dc:creator","label":"Author","values":["D'Angelo, Karen Rose"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2021-10-26T20:09:42Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2021-10-26T20:09:42Z"]},{"key":"dc:date.issued","label":"Date","values":["1983"]},{"key":"dc:publisher","label":"Institution","values":["Virginia Polytechnic Institute and State University"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"dc:type.dcmitype","label":"Dc Type Dcmitype","values":["Text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Forestry"]},{"key":"thesis:degree_level","label":"Degree Level","values":["masters"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["Virginia Polytechnic Institute and State University"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["In Copyright"]},{"key":"dc:rights.uri","label":"Rights URI","values":["http://rightsstatements.org/vocab/InC/1.0/"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["http://hdl.handle.net/10919/105973"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["As the federal deficit rises in the United States, interest in a consumption tax system or the value added tax (VAT) also increases. This investigation attempts to determine the short-run impacts of a value added tax upon private forest management. A literature review investigates the theoretical economic impacts of a VAT and experience with the tax in other countries. Then supply and demand functions in both the southern pine sawtimber stumpage and new single-facility housing sector are empirically derived. These functions are used to determine the short-run housing price elasticities of the quantity of houses sold and the price and quantity of stumpage sold. From this, the impact of a VAT-induced housing price change is determined, and simulation with different VAT rates are performed. Based on housing markets alone, it is found that a VAT is likely to cause a short-run reduction in sawtimber stumpage price and quantity demanded which is less than 1/10 percent of the VAT rate."]},{"key":"dc:description.degree","label":"Dc Description Degree","values":["M.S."]},{"key":"dc:format.mimetype","label":"Dc Format Mimetype","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["Short-run impacts of a value added tax on forest products"]}]}],"canonical_facts":{"dc:contributor.department":["Forestry"],"dc:creator":["D'Angelo, Karen Rose"],"dc:date.accessioned":["2021-10-26T20:09:42Z"],"dc:date.available":["2021-10-26T20:09:42Z"],"dc:date.issued":["1983"],"dc:description.abstract":["As the federal deficit rises in the United States, interest in a consumption tax system or the value added tax (VAT) also increases. This investigation attempts to determine the short-run impacts of a value added tax upon private forest management. A literature review investigates the theoretical economic impacts of a VAT and experience with the tax in other countries. Then supply and demand functions in both the southern pine sawtimber stumpage and new single-facility housing sector are empirically derived. These functions are used to determine the short-run housing price elasticities of the quantity of houses sold and the price and quantity of stumpage sold. From this, the impact of a VAT-induced housing price change is determined, and simulation with different VAT rates are performed. Based on housing markets alone, it is found that a VAT is likely to cause a short-run reduction in sawtimber stumpage price and quantity demanded which is less than 1/10 percent of the VAT rate."],"dc:description.degree":["M.S."],"dc:format.mimetype":["application/pdf"],"dc:identifier.uri":["http://hdl.handle.net/10919/105973"],"dc:language.iso":["en"],"dc:publisher":["Virginia Polytechnic Institute and State University"],"dc:rights":["In Copyright"],"dc:rights.uri":["http://rightsstatements.org/vocab/InC/1.0/"],"dc:title":["Short-run impacts of a value added tax on forest products"],"dc:type":["Thesis"],"dc:type.dcmitype":["Text"],"thesis:degree_discipline":["Forestry"],"thesis:degree_level":["masters"],"thesis:degree_name":["M.S."],"thesis:institution_name":["Virginia Polytechnic Institute and State University"]},"updated_at":"2026-07-22T22:19:31Z"}