The Resource Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest, Gwenlyn M. Busby

Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest, Gwenlyn M. Busby

Label
Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest
Title
Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest
Statement of responsibility
Gwenlyn M. Busby
Creator
Contributor
Subject
Genre
Language
eng
Summary
Forest-land managers use price data and market analysis to form expectations and make informed management decisions. There is an abundance of price data for sawtimber, but for nonsawtimber, the availability of price data is limited. This constrains the ability of forest-land managers to form reasonable price expectations for stands that contain both sawtimber and nonsawtimber. In this paper, I show that export chip prices are a reasonable proxy for nonsawtimber prices in the Pacific Northwest. This conclusion is supported by evidence of arbitrage between the chip export market and three domestic markets in the Pacific Northwest. As to the chip export market in general, I observed increasing chip prices from 1968 through 1995, a structural break in 1995 after which point we observe declining prices. I also found evidence of an inverse relationship between chip price and lumber production
Member of
Additional physical form
Also available on the World Wide Web.
Cataloging source
VXG
http://library.link/vocab/creatorName
Busby, Gwenlyn M
Government publication
federal national government publication
Illustrations
illustrations
Index
no index present
Literary form
non fiction
NAL call number
A99.9
NAL item number
F7625U no. 554 2006
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
Pacific Northwest Research Station (Portland, Or.)
Series statement
Research note PNW
Series volume
RN-554
http://library.link/vocab/subjectName
  • Timber
  • Wood chips
  • Stumpwood
Label
Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest, Gwenlyn M. Busby
Link
Instantiates
Publication
Note
  • Title from caption
  • "December 2006."
Bibliography note
Includes bibliographical references (p. 13-14)
Extent
1 online resource (14 pages
Form of item
online
Other physical details
illustrations)
Specific material designation
remote
Label
Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest, Gwenlyn M. Busby
Link
Publication
Note
  • Title from caption
  • "December 2006."
Bibliography note
Includes bibliographical references (p. 13-14)
Extent
1 online resource (14 pages
Form of item
online
Other physical details
illustrations)
Specific material designation
remote

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