Keywords: Error correction model
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Journal Articles
Journal of Forest Economics (2014) 20 (1): 17–32.
Published: 01 January 2014
... in the southern and western United States. The data utilized are quarterly stumpage price, delivered timber price, and lumber price of softwood between 1977 and 2011. Linear and threshold cointegration models are used for long-term price analyses, and symmetric and asymmetric error correction models are used...

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