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Keywords: pulp mills
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Journal Articles
Eduardo Hildt, Adriana Bussoni, Virginia Morales Olmos, Patricio M. Mac Donagh, Frederick W. Cubbage
Journal:
Journal of Forest Economics
Journal of Forest Economics (2022) 37 (2): 217–236.
Published: 30 March 2022
.... In addition, pairwise groups of sawlogs, pulpwood and woodchips were cointegrated in sawmill and pulp mill-markets. In regions without pulp mills, the prices of sawlogs and veneer logs of similar size and quality were cointegrated. These results reveal the existence of a dynamic of substitution. Usually...
