Analysis shows the impact of business cycles on lumber demand and employment in forestry, suggesting necessary adjustments.
Demand for lumber and consequent markets for saw-timber stumpage vary with business and with building cycles. Commercial sustained-yield forestry must be adjusted to such cycles. This has high significance to forestry enterprises, their overhead costs, and their capacity to furnish stable employment.
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John A. Zivnuska (1949) studied this question.
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