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Perceptions and reality: How National Forest System employee views correlate with frequency of unsold timber offerings

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  • Bruck, Sonia R.
  • Frey, Gregory E.

Abstract

When National Forest System (NFS) tracts of timber are offered for sale and do not receive any bids from prospective buyers, mandated sales targets may be missed, additional costs can be incurred to the agency, and there is potentially lost opportunity for sustainable forest management. We validated NFS employee perceptions of unsold or “no-bid” offerings against observed no-bid sales. Using ordinary least squares, we regress three different definitions of timber sales against proximate and underlying factors influencing no-bids. We found statistical significance for some proximate factors, including small tree diameter at breast heigh, seasonal restrictions, and low volume sales. However, the sign of the coefficients for seasonal restrictions and low volume sales were not what we would have expected. Furthermore, we found statistical significance for underlying factors, including perceptions regarding market information and unplanned road costs with coefficient signs in the direction expected. Moreover, we provide some detailed suggestions for future data collection and other avenues for research. Although our data have some limitations, these findings further our understanding of public timber sales.

Suggested Citation

  • Bruck, Sonia R. & Frey, Gregory E., 2023. "Perceptions and reality: How National Forest System employee views correlate with frequency of unsold timber offerings," Forest Policy and Economics, Elsevier, vol. 154(C).
  • Handle: RePEc:eee:forpol:v:154:y:2023:i:c:s1389934123001223
    DOI: 10.1016/j.forpol.2023.103027
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    References listed on IDEAS

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    1. Adamowicz, Wiktor & Swait, Joffre & Boxall, Peter & Louviere, Jordan & Williams, Michael, 1997. "Perceptions versus Objective Measures of Environmental Quality in Combined Revealed and Stated Preference Models of Environmental Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 65-84, January.
    2. Korhonen, Jaana & Henderson, Jesse D. & Prestemon, Jeffrey, 2023. "National forest timber bids and export price interlinkages in the USA: The bounds testing approach," Forest Policy and Economics, Elsevier, vol. 152(C).
    3. Adamowicz W. & Louviere J. & Williams M., 1994. "Combining Revealed and Stated Preference Methods for Valuing Environmental Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 26(3), pages 271-292, May.
    4. John C. Whitehead & Subhrendu K. Pattanayak & George L. Van Houtven & Brett R. Gelso, 2008. "Combining Revealed And Stated Preference Data To Estimate The Nonmarket Value Of Ecological Services: An Assessment Of The State Of The Science," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 872-908, December.
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