Authors: ​Indroneil Ganguly and Ivan Eastin Executive SummaryThe United States residential construction industry, traditionally the largest end-use market for softwood lumber, has been undergoing a period of change for more than a decade. Builders’ acceptance of substitute materials and new innovations has increased, providing a unique challenge to softwood lumber producers. In such a situation, understanding […]

Authors: ​Samuel J. Fleishman, Ivan L. Eastin and Steven R. Shook Executive SummaryThe US residential construction industry, traditionally the largest market for softwood lumber, has undergone a period of uncharacteristically rapid change over the past decade. The effects of timber harvest restrictions in federal and state forests on softwood lumber price, price volatility, and product quality, […]

Authors: ​Steven R. Shook, William R. Turner and Ivan L. Eastin Executive SummaryA sizable literature concerned with technological substitution modeling exists within the domain of forest products. These models have generally been used to develop market share forecasts for various forest products and their substitutes based on relative product prices. Substitution models usually assume that the […]

AbstractWood product markets are subject to substitution by lower cost non-wood materials. Alternative materials such as aluminum and vinyl are generally more fossil fuel intensive and have different environmental impacts from renewable wood resources. Increased attention to environmental impacts has drawn increased attention to substitution of wood by non-wood products. This study surveys the available […]