Table 1 Ricardian Estimation Data Summary
 Number of CountiesMean Net Return per Acre ($/acre)
(St. Dev.)
Mean Temperature
(°C) (St. Dev.)
Range of Temperature
(°C)
Annual Precipitation
(mm) (St. Dev.)
Range of Precipitation
(mm)
Mean Percentage of County Land in Best Soil Quality Class
All forest types1,86530.45 (24.27)12.86 (4.81)(0.78, 24.33)1,148.67 (315.80)(298, 3,114)59.8
Eastern forest types1,62429.90 (23.13)13.76 (4.36)(3.30, 24.33)1,186.52 (222.01)(452, 1,900)64.2
Western forest types24135.28 (28.08)6.79 (2.87)(0.78, 17.54)893.59 (605.15)(298, 3,114)30.4
White-red-jack pine37116.76 (25.12)8.59 (2.94)(3.30, 15.78)1,083.57 (230.47)(587, 1,900)49.7
Spruce fir15122.35 (15.66)5.97 (1.26)(3.30, 8.75)951.29 (209.66)(603, 1,432)49.4
Longleaf-slash pine32882.11 (35.39)18.84(1.71)(15.20, 24.33)1,325.81 (145.20)(1,095, 1,735)68.3
Loblolly-shortleaf pine878113.69 (53.56)16.38 (2.63)(6.13,23.44)1,295.35 (148.89)(934, 1,765)63.2
Oak-pine1,20733.62 (23.37)14.47 (4.34)(3.30, 23.86)1,234.59 (194.47)(556, 1,900)60.3
Oak-hickory1,53114.91 (11.79)13.85 (4.31)(3.39, 23.86)1,201.28 (203.13)(556, 1,900)64.0
Oak-gum-cypress82516.04(18.19)16.92 (2.56)(7.52, 23.86)1,303.52 (145.70)(830, 1,735)67.8
Elm-ash-cottonwood1,34927.58 (24.67)13.39 (4.46)(2.83, 23.86)1,167.72 (249.01)(327, 2,876)65.0
Maple-beech-birch70311.36 (21.51)9.93 (2.98)(3.30, 16.46)1,060.93 (204.38)(459, 1,678)61.1
Aspen-birch33816.22 (16.38)6.43 (2.06)(1.33, 11.83)892.42 (232.05)(384, 1,330)47.8
Eastern red cedar23534.46(31.90)6.43 (2.83)(5.48, 22.79)1,228.50(159.09)(589, 1,556)60.6
Douglas fir14148.51 (32.97)14.75 (2.67)(1.61, 14.11)1.064.84 (701.18)(298, 3,114)32.4
Hemlock-Sitka spruce4246.06 (40.60)7.95 (1.93)(3.92, 11.33)1,669.93 (758.67)(528, 3,114)39.9
Ponderosa pine13921.50(15.84)7.01 (2.40)(2.62, 14.21)701.90 (300.83)(358, 1,974)28.5
Lodgepole pine7223.12 (22.35)4.81 (1.97)(0.78, 9.67)766.51 (280.93)(463, 2,566)27.8
Fir-spruce-mountain hemlock11912.93 (23.18)5.76 (2.20)(0.78, 10.86)812.38 (424.80)(400, 2,876)29.1
Other western softwoods263.63 (5.54)5.74 (2.42)(1.72, 10.60)647.81 (224.42)(408, 1,455)22.4