A dynamic forecasting model for the Finnish pulp export price.
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 t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Finnish Society of Forest Science
1996-01-01
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| Series: | Silva Fennica |
| Online Access: | https://www.silvafennica.fi/article/5570 |
| _version_ | 1818084457301671936 |
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| author | Toppinen, Anne Hänninen, Riitta Laaksonen, Susanna |
| author_facet | Toppinen, Anne Hänninen, Riitta Laaksonen, Susanna |
| author_sort | Toppinen, Anne |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-10T19:54:11Z |
| format | Article |
| id | doaj.art-9064f1e3bdd7478c81b4bc54652de016 |
| institution | Directory Open Access Journal |
| issn | 2242-4075 |
| language | English |
| last_indexed | 2024-12-10T19:54:11Z |
| publishDate | 1996-01-01 |
| publisher | Finnish Society of Forest Science |
| record_format | Article |
| series | Silva Fennica |
| spelling | doaj.art-9064f1e3bdd7478c81b4bc54652de0162022-12-22T01:35:42ZengFinnish Society of Forest ScienceSilva Fennica2242-40751996-01-0130410.14214/sf.a8505A dynamic forecasting model for the Finnish pulp export price.Toppinen, AnneHänninen, RiittaLaaksonen, SusannaThis 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.https://www.silvafennica.fi/article/5570 |
| spellingShingle | Toppinen, Anne Hänninen, Riitta Laaksonen, Susanna A dynamic forecasting model for the Finnish pulp export price. Silva Fennica |
| title | A dynamic forecasting model for the Finnish pulp export price. |
| title_full | A dynamic forecasting model for the Finnish pulp export price. |
| title_fullStr | A dynamic forecasting model for the Finnish pulp export price. |
| title_full_unstemmed | A dynamic forecasting model for the Finnish pulp export price. |
| title_short | A dynamic forecasting model for the Finnish pulp export price. |
| title_sort | dynamic forecasting model for the finnish pulp export price |
| url | https://www.silvafennica.fi/article/5570 |
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