markets o Markets for forest products are complex and often assumed to be imperfect for high transactions costs o Many studies on influence of market factors on private forest management (table 3.3). Landowners are hypothesized to increase both harvesting and planting when output prices Increase e Increased reforestation casts lead to reduced reforestationmarkets u Markets for forest products are complex and often assumed to be imperfect for high transactions costs. u Many studies on influence of market factors on private forest management (table 3.3). u Landowners are hypothesized to increase both harvesting and planting when output prices increase . u Increased reforestation casts lead to reduced reforestation