Effect of timber sale assistance on returns to landowners.

This study estimated the impact of passive (market information) and active (on-site consultant) timber sale assistance on landowner returns. Fifteen sales from each of three assistance types (none, passive, active) were used as a basis for the study. Regression estimates indicate that logging condition was significant in explaining stumpage price. There was no statistically significant relationship between market value and stumpage price for landowners who received no or passive assistance. A significant relationship between market value and stumpage price was found for landowners who employed consultants. Assistance did not increase returns from low-valued stands.

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