Abstract

Ownership of private forestland is changing rapidly, especially in areas owned by industrial forest product companies. Following divestment by industrial owners, forested lands are increasingly likely to move from intensive timber production to subdivision of the land, development and other private uses, or alternatively to conservation under public tenure. This research follows a unique dataset of forestland properties previously owned by industrial and corporate owners in Wisconsin from 1999 to 2014. A multinomial logistic regression showed that divested lands were more likely to be publicly purchased outright if they were adjacent to water, adjacent to public land, not adjacent to roads, and had higher housing value, while in contrast the predictors of conservation easement acquisition were location in large blocks outside of zoned townships. Properties were more likely to be parcelized if they were adjacent to a paved road, adjacent to water, smaller, in a zoned township, and had fewer years remaining in their tax program enrollment. In an era of rapid industrial land divestment, these findings indicate an important role played by public policies, including preferential tax programs and funds for land and conservation easement acquisition, in shaping whether private forestland is parcelized, conserved under private ownership, or publicly acquired.

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