...Mikael Linden; Jussi Uusivuori The forecasting of real stumpage prices is analyzed both in the ex-ante and ex-post sense. The data consist of yearly observations of roundwood stumpage prices and the cost of living index in Finland 1900-1995. Optimal ex-ante forecasts for real prices are derived...

...Heimo Karppinen The study describes and explains the differences in the objectives of non-industrial private forest owners between southern and northern Finland, and provides a forecast of the changes in these objectives for southern Finland. The analysis was based on a mail inquiry data...

...). The resulting model is used for forecasting the Danish timber price. Eighty percent of the forest industries’ coniferous roundwood consumption is supplied from domestic sources (Ministry of Agriculture, 1994). Of the 20 percent imported some is high quality timber that does not immediately substitute...