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Testing for market integration among southern pine regions

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  • Yin, Runsheng
  • Newman, David H.
  • Siry, Jacek
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    File URL: http://www.sciencedirect.com/science/article/B7GJ5-4DPD12T-B/2/fe3b3839722dba083b2f20d75e901433
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Forest Economics.

    Volume (Year): 8 (2002)
    Issue (Month): 2 ()
    Pages: 151-166

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    Handle: RePEc:eee:foreco:v:8:y:2002:i:2:p:151-166

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    Related research

    Keywords: Co-integration spatial equilibrium Dicky-Fuller test Johansen test stationarity timber supply modeling;

    References

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    1. Brian C. Murray & David N. Wear, 1998. "Federal Timber Restrictions and Interregional Arbitrage in U.S. Lumber," Land Economics, University of Wisconsin Press, vol. 74(1), pages 76-91.
    2. Jeffrey P. Prestemon & Thomas P. Holmes, 2000. "Timber Price Dynamics Following a Natural Catastrophe," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 145-160.
    3. Johansen, Soren, 1995. "Likelihood-Based Inference in Cointegrated Vector Autoregressive Models," OUP Catalogue, Oxford University Press, number 9780198774501.
    4. Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-76, March.
    5. Brian C. Murray, 1995. "Oligopsony, Vertical Integration, and Output Substitution: Welfare Effects in U.S. Pulpwood Markets," Land Economics, University of Wisconsin Press, vol. 71(2), pages 193-206.
    6. Janaki R.R. Alavalapati & Wiktor L. Adamowicz & Martin K. Luckert, 1997. "A Cointegration Analysis of Canadian Wood Pulp Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 975-986.
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    Cited by:
    1. Kelly, David L. & Letson, David & Nelson, Forrest & Nolan, David S. & SolĂ­s, Daniel, 2012. "Evolution of subjective hurricane risk perceptions: A Bayesian approach," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 644-663.
    2. Mehrotra, Shiv N. & Kant, Shashi, 2009. "Use of composite forest commodity price indices for cointegration analysis," Journal of Forest Economics, Elsevier, vol. 15(4), pages 237-260, December.
    3. Kurt Niquidet & Bruce Manley, 2008. "Regional Log Market Integration in New Zealand," Working Papers 2008-03, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.

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