Hs. Guan et Ia. Munn, Harvest restrictions: An analysis of new capital expenditures in the Pacific Northwest and the South, J FORESTRY, 98(4), 2000, pp. 11-16
The short-term response of the forest products industry to harvest restrict
ions in the Pacific Northwest has been to shift harvesting to other regions
. However,the long-term response is not yet clear. New capital expenditure
patterns in the Pacific Northwest and the South provide insight into the in
dustry's long-term intentions. Southern investment increased significantly
after the harvest restrictions were imposed. Pacific Northwest investment h
as been declining over time. but no significant shifts occurred after restr
ictions were imposed.