ESTIMATING STUMPAGE PRICE FUNCTION FOR POPULUS NIGRA USING HEDONIC PRICING METHOD IN URMIA

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HAJJARIAN M.

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Paper Information

Journal: Journal of Wood and Forest Science and Technology Year:2016 | Volume:23 | Issue:SUPPLEMENT 2 Page(s): 105-121

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Title

ESTIMATING STUMPAGE PRICE FUNCTION FOR POPULUS NIGRA USING HEDONIC PRICING METHOD IN URMIA

Author(s)

HAJJARIAN M. | Issue Writer Certificate

Keywords

HEDONIC METHODQ1

POPULOUS NIGRAQ1

STUMPAGE PRICEQ3

WOOD FARMINGQ2

Abstract

Background and objectives: WOOD FARMING is one of the strategies of the national development programs to improve exploitation system of natural resources.Stumpage price model is one of the primary tools for performing optimal management (Spacing and optimal age) and estimating profitability of WOOD FARMING.Material and methods: STUMPAGE PRICE is significantly influenced by tree merchantable volume. Therefore, merchantable volume models (determination of volume to a minimum diameter) were used to determine the stand volume. For this purpose, Rimere model, Hart-Beking model and Kozak model were selected. Then, Poplar STUMPAGE PRICE and affecting factors were evaluated by a field survey (questionnaire) of the farmers in the study area. Finally, STUMPAGE PRICE was modeled using hedonic price approach.Results: The Poplar stands’ volume was determined by Riemer model in the study area. Residual mean square error of the model was 0.034 m3. Average stand diameter and relative volume were identified as the factors affecting the Poplars STUMPAGE PRICE. Finally, STUMPAGE PRICE was modeled using a linear-hyperbolic function and by hedonic price approach with 87% coefficient of determination And 6.2 percentage error.Conclusion: Poplar wood has different use in different diameters. In this way, the wood price is different in commercial diameter or industrial diameters. In this study, by using the Riemer volume model, commercial and industrial volumes can be estimated. On the other hand, using STUMPAGE PRICE model, the average price per ton of wood can be estimated with the stand mean diameter.

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APA: Copy

HAJJARIAN, M.. (2016). ESTIMATING STUMPAGE PRICE FUNCTION FOR POPULUS NIGRA USING HEDONIC PRICING METHOD IN URMIA. JOURNAL OF WOOD AND FOREST SCIENCE AND TECHNOLOGY, 23(SUPPLEMENT 2), 105-121. SID. https://sid.ir/paper/156692/en

Vancouver: Copy

HAJJARIAN M.. ESTIMATING STUMPAGE PRICE FUNCTION FOR POPULUS NIGRA USING HEDONIC PRICING METHOD IN URMIA. JOURNAL OF WOOD AND FOREST SCIENCE AND TECHNOLOGY[Internet]. 2016;23(SUPPLEMENT 2):105-121. Available from: https://sid.ir/paper/156692/en

IEEE: Copy

M. HAJJARIAN, “ESTIMATING STUMPAGE PRICE FUNCTION FOR POPULUS NIGRA USING HEDONIC PRICING METHOD IN URMIA,” JOURNAL OF WOOD AND FOREST SCIENCE AND TECHNOLOGY, vol. 23, no. SUPPLEMENT 2, pp. 105–121, 2016, [Online]. Available: https://sid.ir/paper/156692/en

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