| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Space-Time Modeling of Timber Prices
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| Autores: |
Zhou, Mo
Buongiorno, Joseph
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| Data: |
2007-06-27
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| Ano: |
2006
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| Palavras-chave: |
Impulse response
Market integration
Space-time model
Spatial correlation
Demand and Price Analysis
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| Resumo: |
A space-time econometric model was developed for pine sawtimber timber prices of 21 geographically contiguous regions in the southern United States. The correlations between prices in neighboring regions helped predict future prices. The impulse response analysis showed that although southern pine sawtimber markets were not globally integrated, local supply and demand shocks did transmit partially to immediate neighboring regions, and could also have weaker effects in more distant regions.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
26736
http://purl.umn.edu/10147
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Resource Economics>Volume 31, Number 01, April 2006
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| Formato: |
17
application/pdf
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