| Autor: |
Toppinen, Anne, Hänninen, Riitta, Laaksonen, Susanna |
| Jazyk: |
angličtina |
| Rok vydání: |
1996 |
| Předmět: |
|
| Zdroj: |
Silva Fennica, Vol 30, Iss 4 (1996) |
| Druh dokumentu: |
article |
| ISSN: |
2242-4075 |
| DOI: |
10.14214/sf.a8505 |
| Popis: |
This study investigates the relationship between Finnish sulphate pulp export prices and international pulp inventories using the Johansen cointegration method. Long-run equilibrium is found to exist between pulp price and NORSCAN inventory for the study period, 1980-94. Granger causality is found to exist from inventory to price but not vice versa. A simple short-run forecasting model for the Finnish pulp export price is formed. In preliminary analysis, the explanatory power of model is found to be acceptable but only under stable market conditions. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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