Cover of: Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest by Gwenlyn M. Busby

Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest

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Last edited by MARC Bot
December 17, 2020 | History

Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest

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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.

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Cover of: Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest
Export chip prices as a proxy for nonsawtimber prices in the Pacific Northwest
2006, U.S. Dept. of Agriculture, Forest Service, Pacific Northwest Research Station
in English

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Book Details


Published in

Portland, OR

Edition Notes

Title from caption.

"December 2006."

Includes bibliographical references (p. 13-14).

Also available on the World Wide Web.

Series
Research note PNW -- RN-554, Research note PNW -- 554.

Classifications

Library of Congress
SD551 .B894 2006

The Physical Object

Pagination
14 p. :
Number of pages
14

ID Numbers

Open Library
OL16223471M
Internet Archive
exportchipprices554busb
LC Control Number
2007361656

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History

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December 17, 2020 Edited by MARC Bot import existing book
May 17, 2020 Edited by CoverBot Added new cover
July 31, 2014 Edited by ImportBot import new book
December 15, 2009 Edited by WorkBot link works
September 22, 2008 Created by ImportBot Imported from Library of Congress MARC record.