This investigation compares stumpage and log prices with commodity prices, suggesting their stability in forest economics.
The author presents some interesting preliminary results of an investigation of the stability of stumpage and log prices when compared to that of some other products of the soil. As far as is known, this is the first investigation of its kind in the field of forest economics. Such comparisons as have been made are of the most general nature. It is planned to continue the study in as much greater detail as the available data will permit.
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Henry B. Steer (1933) studied this question.
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