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Articles by Susanna Laaksonen
Category : Article
article id 5570,
category
Article
(1996).
A dynamic forecasting model for the Finnish pulp export price.
Silva Fennica
vol.
30
no.
4
article id 5570.
https://doi.org/10.14214/sf.a8505
Keywords:
inventory;
Finland;
cointegration;
business cycles;
pulp;
price;
sulphate pulp;
export prices
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Author Info
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.
-
Toppinen,
E-mail:
at@mm.unknown
- Hänninen, E-mail: rh@mm.unknown
- Laaksonen, E-mail: sl@mm.unknown
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