Modern Time Series Analysis in Forest Products Markets

Inhaltsverzeichnis

• Introducing Unit Roots and Cointegration.
• I International Price Relations and Exchange Rates.
• Spatial Integration in the Nordic Timber Markets: Long-Run Equilibria and Short-Run Dynamics.
• Exchange Rate Pass-Through in Finnish Sawnwood Exports to The United Kingdom.
• The Law of One Price in United Kingdom Soft Sawnwood Imports – A Cointegration Approach.
• Internationalisation of Roundwood Markets – the Case of Denmark.
• II Demand and Supply Models.
• Modelling the Danish Demand for Roundwood Imports – a Cointegration and Common Trends Analysis.
• Quarterly Model of the Finnish Sawlog and Pulpwood Markets – A Cointegration Analysis.
• III Causality, Forecasting, and Expectations.
• Estimation in a Long-Run, Short-Run Model.
• Do Exports Stimulate Growth? Evidence from International Woodpulp Data.
• Forecasting Danish Timber Prices with an Error Correction Model.
• Forecasting International Pulp Prices with Producer Inventories.
• IV Capital Asset Evaluation.
• Testing a Present Value Model of Forest Land.
• Exploring Sources of Systematic Risk in Danish Forest Asset Returns.
• V Management Implications of Time Series Properties.
• The Behaviour of Timber Rents in Sweden, 1909–1990.
• Optimal Harvesting Policies with Stationary and Non-Stationary Prices: An Option Value Approach.
• List of Authors.