Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets
Fil: Hildt, Eduardo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.
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Journal of Forest Economics
2022
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| Acceso en línea: | https://hdl.handle.net/20.500.12219/5011 |
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I77-R195-20.500.12219-5011 |
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I77-R195-20.500.12219-50112024-05-15T10:02:24Z Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets Hildt, Eduardo Bussoni, Adriana Morales Olmos, Virginia Mac Donagh, Patricio Miguel Cubbage, Frederick W. Southern Cone Cointegration Sawmills Pulp mills Sawlogs Pulpwood Fil: Hildt, Eduardo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Fil: Hildt, Eduardo. Universidad Nacional de Misiones. Facultad de Ciencias Forestales; Argentina. Fil: Mac Donagh, Patricio Miguel. Universidad Nacional de Misiones. Facultad de Ciencias Forestales; Argentina. Fil: Bussoni, Adriana. University of the Republic. Department of Social Sciences. School of Agronomy; Uruguay. Fil: Morales Olmos, Virginia. University of the Republic. Department of Economic Sciences. CENUR Northeast; Uruguay. Fil: Cubbage, Frederick W.. North Carolina State University. Department of Forestry and Environmental Resources; USA. We analysed the degree of price cointegration among pine log markets in northeast Argentina, Paraná State of Brazil, and Uruguay by examining price series over the period 2008--2020. We evaluated the cointegration of price series of the same product through the study regions. In the same way, we analysed the cointegration of price series of different products within the same zone. We found market cointegration for medium sawlogs and export logs, between Paraná and Uruguay and between Misiones and Uruguay. 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, veneer logs are delivered to sawmills. However, in some situations, small sawlogs may be downgraded and sold to pulp mills. 2022-02-20 info:eu-repo/semantics/article info:ar-repo/semantics/artículo info:eu-repo/semantics/publishedVersion https://hdl.handle.net/20.500.12219/5011 eng info:eu-repo/semantics/altIdentifier/urn/https://www.nowpublishers.com/article/Details/JFE-0555 info:eu-repo/semantics/altIdentifier/urn/https://www.nowpublishers.com/JFE/special-issues/JFEV37N2 info:eu-repo/semantics/openAccess application/pdf application/pdf 1.367 MB Journal of Forest Economics |
| institution |
Universidad Nacional de Misiones |
| institution_str |
I-77 |
| repository_str |
R-195 |
| collection |
Repositorio Institucional Digital de la UNaM (RIDUNAM) |
| language |
Inglés |
| topic |
Southern Cone Cointegration Sawmills Pulp mills Sawlogs Pulpwood |
| spellingShingle |
Southern Cone Cointegration Sawmills Pulp mills Sawlogs Pulpwood Hildt, Eduardo Bussoni, Adriana Morales Olmos, Virginia Mac Donagh, Patricio Miguel Cubbage, Frederick W. Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets |
| topic_facet |
Southern Cone Cointegration Sawmills Pulp mills Sawlogs Pulpwood |
| description |
Fil: Hildt, Eduardo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. |
| format |
Artículo Artículo publishedVersion |
| author |
Hildt, Eduardo Bussoni, Adriana Morales Olmos, Virginia Mac Donagh, Patricio Miguel Cubbage, Frederick W. |
| author_facet |
Hildt, Eduardo Bussoni, Adriana Morales Olmos, Virginia Mac Donagh, Patricio Miguel Cubbage, Frederick W. |
| author_sort |
Hildt, Eduardo |
| title |
Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets |
| title_short |
Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets |
| title_full |
Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets |
| title_fullStr |
Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets |
| title_full_unstemmed |
Pine log Price Changes in South America : a comparison of Argentina, Brazil, and Uruguay markets |
| title_sort |
pine log price changes in south america : a comparison of argentina, brazil, and uruguay markets |
| publisher |
Journal of Forest Economics |
| publishDate |
2022 |
| url |
https://hdl.handle.net/20.500.12219/5011 |
| work_keys_str_mv |
AT hildteduardo pinelogpricechangesinsouthamericaacomparisonofargentinabrazilanduruguaymarkets AT bussoniadriana pinelogpricechangesinsouthamericaacomparisonofargentinabrazilanduruguaymarkets AT moralesolmosvirginia pinelogpricechangesinsouthamericaacomparisonofargentinabrazilanduruguaymarkets AT macdonaghpatriciomiguel pinelogpricechangesinsouthamericaacomparisonofargentinabrazilanduruguaymarkets AT cubbagefrederickw pinelogpricechangesinsouthamericaacomparisonofargentinabrazilanduruguaymarkets |
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