Research Assistant North Carolina State University Raleigh, North Carolina, United States
Using a simultaneous equation approach, we estimate the supply and demand models of total large roundwood production of softwood to determine whether the observed changes in production trends after 2017 are attributable to actual market-driven events, changes in mill capacity, or changes in the TPO survey methodology.
Learning Objectives:
Upon completion, participants will be informed on how the TPO monitoring program supports wood product markets and forest assessment analysis, and understand the effect of the change in survey methodology on the TPO trends.
Upon completion, participants will be able to assess and compare the pre-2017 and post-2017 approaches to constructing TPO estimates at spatiotemporal scales, adjust and plan for how the observed variation in the surveying methodology and estimates arising from the TPO trends might inform decision-making for forest management, US timber market analyses and projections, sustainability, policy and local wood basket analysis of potential market expansion.
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