Figure 6.7 



Ownership Distribution of Economic Opportunities 

 for Management Intensification 



Total 168 Million Acres 



Farmer and Other Private 

 124 



Other Public 

 10 



In both Pacific Coast regions, reforestation/ stand 

 conversion is the largest opportunity in terms of 

 acres, although there are substantial stocking control 

 opportunities. 



The above estimates have some obvious limita- 

 tions. The estimates are largely based on the judg- 

 ments of experts drawn from the universities, forest 

 industries, the Forest Service, and State forestry 

 agencies. Thus, the estimates may not be an exact 

 measure of the economic opportunities that exist in 

 the various regions of the country. Nonetheless, and 

 after allowances for possible uncertainties, very large 

 opportunities do exist to invest in timber manage- 

 ment practices that will yield good rates of return and 

 result in major increases in the Nation's timber 

 supplies. 



Prospective Impacts of Implementing 

 the Economic Opportunities 

 for Management Intensification 



As discussed above, implementation of the eco- 

 nomic opportunities for management intensification 

 would have, in time, large impacts on softwood 



timber supplies and prices. In recognition of this, the 

 regionally disaggregated economic simulation model 

 described above'^ was used to estimate future soft- 

 wood supply and price trends, assuming the eco- 

 nomic opportunities which would yield 4 percent or 

 more measured in 1967 dollars were implemented on 

 private lands. 



Because of the changes in projected supplies and 

 prices resulting from management intensification, it 

 was necessary to reiterate the analysis several times to 

 arrive at an equilibrium solution in which the eco- 

 nomic opportunities for management intensification 

 were consistent with the projected changes in prices. 



The increases in softwood timber supplies that 

 could be achieved by implementing the economic 

 opportunities are large enough to meet prospective 

 increases in demand while at the same time providing 

 enough timber for large reductions in imports or 

 increases in exports. 



The analysis showed that if management were 

 intensified to take advantage of all the opportunities 

 which would yield 4 percent or more (measured in 



" Adams and Haynes, op. cii. 



263 



