Document Type
Thesis
Date of Degree Completion
Spring 2017
Degree Name
Master of Science (MS)
Department
Cultural and Environmental Resource Management
Committee Chair
Toni Sipic
Second Committee Member
Charles Wassell, Jr.
Third Committee Member
Robert J. Hickey
Fourth Committee Member
Robert J. Hickey
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. 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.
Recommended Citation
Javier, Kaleb, "The Economic Impacts of Forest Timber Methods in Washington State: a Hedonic Approach" (2017). All Master's Theses. 668.
https://digitalcommons.cwu.edu/etd/668
Language
English
Included in
Econometrics Commons, Environmental Studies Commons, Geographic Information Sciences Commons, Real Estate Commons, Regional Economics Commons