Timber markets in the U.S. are areas where timber prices tend to be uniform because of the continuous interactions of buyers and sellers. These markets are highly competitive, volatile, and change relentlessly. This report looks at how market interactions in the Pacific Northwest have responded to changes in underlying determinants of market behavior and government actions that have influenced supply or demand. Several messages emerge from timber markets about price reporting and changing definitions of price, long-term price trends, timber as an investment, impacts of market intervention, relations among different markets, and implications for future stewardship. Charts, tables and graphs.

The Economics of Land Use brings together the most significant journal essays in key areas of contemporary agricultural, food and resource economics and land use policy. The editors provide a state-of-the-art overview of the topic and access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.

Public debate has stimulated interest in finding greater compatibility among forest management regimes. The debate has often portrayed management choices as tradeoffs between biophysical and socioeconomic components of ecosystems. Here we focus on specific management strategies and emphasize broad goals such as biodiversity, wood production and habitat conservation while maintaining other values from forestlands desired by the public. We examine the following proposition: Commodity production (timber, nontimber forest products) and the other forest values (biodiversity, fish and wildlife habitat) can be simultaneously produced from the same area in a socially acceptable manner. Based on recent research in the Pacific Northwest, we show there are alternatives for managing forest ecosystems that avoid the divisive arena of 'either-or' choices. Much of the work discussed in this book addresses two aspects of the compatibility issue. First, how are various forest management practices related to an array of associated goods and services? Second, how do different approaches to forest management affect relatively large and complex ecosystems?

This book addresses the major policy, economic and financial issues encountered in global forest carbon. The global forest sector is expected to play a major role in achieving the Paris Agreement’s temperature targets. Therefore, there is an urgent need to explore practical and promising solutions to the challenges facing carbon accounting and policy assessment as the global community undertakes forest sector actions—including the widely known REDD+ initiative. This book demonstrates how vital it is that we identify appropriate perspectives and formulate approaches to address these challenges in an integrated and effective manner. In doing so, it addresses many of the major issues, including the differential potentials for carbon sequestration within various forest ecosystems as well as for storage within a variety of harvested wood products, the joint production of timber and carbon, and the measurement and impact of forest carbon offsets and credits, results-based payments, and other nationally determined contributions centered differences as well. The book examines regional and country-level case studies from across the world and draws on the author's decades of experience working on forest policy and with the forest sector. Overall, this book highlights the technical and policy issues regarding forest sector carbon emission and removal to build useful perspectives, frameworks, and methods for addressing these issues successfully in the future. It advances the knowledge frontiers of global forest carbon policy, economics and finance as well as the ability to assess the effectiveness, efficiency, and equity of forest climate solutions. This book is essential reading for professionals and policymakers working at the intersection of forest policy, carbon storage and climate change, as well as students and researchers in the fields of forestry, natural resource management, climate change and nature-based solutions.