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Title: Impact of Market-Based Disturbance on the Composition of West Virginia's Forest Resource
Author: Luppold, William G.; Baumgras, John E.
Publication: In: Munn, I.A.; Bullard, S.H.; Grado, S.C.; Grebner, D.L., eds. Timber investments: improving the odds. Proceedings of the 1999 southern forest economics workshop; 1999 April 18-20; Biloxi, MX. Mississippi State University: 193-199.
Abstract: The eastern hardwood resource has been shaped by a combination of human and natural disturbances. This impact on the forest resources of West Virginia has been especially dramatic. This resource has changed from a virgin forest dominated white oak, chestnut, spruce, white pine, and hemlock in the late 19th century, to one dominated by red oak in the 1950's, to today's forest with rapidly increasing volumes of yellow-poplar. This paper examines changes in the composition of West Virginia's forests based on the concept of market- based disturbance. This concept assumes that past market activities influence future forest composition, that changes in resource composition can influence near-term derived and consumer demands, and that these changes in demand eventually change forest composition. Of specific interest is how market disturbance has influenced the proportion of red oak, white oak, yellow-poplar, and hard maple in the forests of West Virginia. This paper also examines how the market for timber has adjusted to a-changing forest resource and how market-based disturbance may shape future forests.
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