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Aggregation bias in natural resource price composites: the forestry case

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  • Jung, Chulho
  • Krutilla, Kerry
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    File URL: http://www.sciencedirect.com/science/article/B6VFJ-3T03769-5/2/74ed1d320018832916e14c7a6d8273e7
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    Bibliographic Info

    Article provided by Elsevier in its journal Resource and Energy Economics.

    Volume (Year): 20 (1998)
    Issue (Month): 1 (March)
    Pages: 65-73

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    Handle: RePEc:eee:resene:v:20:y:1998:i:1:p:65-73

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    Web page: http://www.elsevier.com/locate/inca/505569

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    1. Farrow, Scott, 1985. "Testing the Efficiency of Extraction from a Stock Resource," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 452-87, June.
    2. Slade, Margaret E., 1982. "Trends in natural-resource commodity prices: An analysis of the time domain," Journal of Environmental Economics and Management, Elsevier, vol. 9(2), pages 122-137, June.
    3. Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
    4. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    5. Hafer, R.W. & Jansen, D.W., 1990. "The Demand For Money In The United States: Evidence From Cointegration Tests," Papers 9010, Erasmus University of Rotterdam - Institute for Economic Research.
    6. V. Kerry Smith, 1980. "The Evaluation of Natural Resource Adequacy: Elusive Quest or Frontier of Economic Analysis?," Land Economics, University of Wisconsin Press, vol. 56(3), pages 257-298.
    7. Halvorsen, Robert & Smith, Tim R, 1991. "A Test of the Theory of Exhaustible Resources," The Quarterly Journal of Economics, MIT Press, vol. 106(1), pages 123-40, February.
    8. Labson B. Stephen & Crompton Paul L., 1993. "Common Trends in Economic Activity and Metals Demand: Cointegration and the Intensity of Use Debate," Journal of Environmental Economics and Management, Elsevier, vol. 25(2), pages 147-161, September.
    9. Halvorsen, Robert & Smith, Tim R, 1984. "On Measuring Natural Resource Scarcity," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 954-64, October.
    10. Smith, V Kerry, 1979. "Natural Resource Scarcity: A Statistical Analysis," The Review of Economics and Statistics, MIT Press, vol. 61(3), pages 423-27, August.
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    Cited by:
    1. Pirard, Romain & Irland, Lloyd C., 2007. "Missing links between timber scarcity and industrial overcapacity: Lessons from the Indonesian Pulp and Paper expansion," Forest Policy and Economics, Elsevier, vol. 9(8), pages 1056-1070, May.
    2. Ahmadi-Esfahani, Fredoun Z., 2006. "Constant market shares analysis: uses, limitations and prospects," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(4), December.

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