Purdue University PURDUE AGRICULTURE
FORESTRY &
NATURAL RESOURCES
 
 

William L Hoover

Professor

Department: Forestry and Natural Resources
Phone: 765.494.3580
Fax: 765.496.2422
Office: FORS 108
E-mail: billh@purdue.edu
Personal Web Page

Area of Expertise: Natural Resource Social Science

 

Research Group Facilities Areas of Excellence Related Centers
Dr. William L. (Bill) Hoover is Professor and Assistant Head of the Department of Forestry and Natural Resources (FNR) in Purdue University’s College of Agriculture. Bill received his B.S. in Forestry from Pennsylvania State University in 1966, his M.S. in Forestry from Pennsylvania State University in 1972, and his PhD in Forest Economics from Iowa State University in 1976. He has a split appointment in the areas of extension, research and teaching. His primary extension focus is the application of the Internal Revenue Code to owners of forestland and how tax policies affect the decisions of these owners. He is the founder of the National Timber Tax Website and a coauthor of all but the first two editions of the standard reference on the tax treatment of timber published by the USDA Forest Service in cooperation with the IRS. He published with Professor W.L. Mills the first application of portfolio analysis that included forestland. He is currently investigating the application of experimental economics techniques to the modeling of taxpayer behavior of woodland owners. He took over the survey of Indiana log prices and processing costs in 1976 and is currently analyzing 50 years of log and lumber price data. His work with researchers in the FNR Wood Research Laboratory is being refocused on log grade yields in cooperation with the ongoing log scanning project. He collaborates with researchers in agriculture economics, economics, anthropology and sociology, and political science.

Bill has taught a wide range of courses, but now focuses on forest economics and finance, forest watershed management, utilization component of the forestry summer field practicum, and the economics of property rights.

 

- Recent Publications

Hoover, W. L. (2008). Non-timber forest products in the Daniel Boone National Forest region: economic significance, access. Managiing Non-Timber Forest Products: Global Perspectives (173--183). Hyderabad, India -500 082: The Icfai University Press.

Hoover, W. L., & D. Hembram (2008). Nontimber forest products in Danile Boone National Forest Region—economic significance and potential for sustainability. Proceedings 16th Central Hardwood Forest Conference, 148-156.

Hoover, W. L. (2006). Gulf zone legislation helps Tree Farmers across the country. Tree Farmer.

Hoover, W. L. (2006). Exploring the domestic production activities deduction. Tree Farmer.

Hoover, W. L. (2005). Making Estate Planning More Accessible for Forest Landowners. Forest and Range Website. http://www.forestandrange.org

Hoover, W. L. (2005). 2005 Forest Products Price Report and Trend Analysis. same. http://www.ces.purdue.edu/extmedia/FNR/FNR-177-W.pdf

Hoover, W. L. (2005). The latest on the Jobs Creation Act. Tree Farmer.

Hoover, W. L. (2005). Plugged in: Updates on e-filing and websites. Tree Farmer.

Hoover, W. L. (2005). Your guide to closing the books in 2005. Tree Farmer.

Hoover, W. L. (2005). Delay paying tax on gains from involuntary conversiona. Tree Farmer.

 

+ Patents

 

- Awards & Honors

Distinguished Fellow (2008). Pennsylvania State University, Mont Alto Campus.

Fellow (2005). Society of American Foresters.

 

+ News Releases