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An Economic Analysis Of The Determinants Of Lumber Futures Price Movements

Author

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  • Rucker, Randal R.
  • Thurman, Walter N.
  • Yoder, Jonathan K.

Abstract

Recent lumber price volatility has been attributed to Spotted Owl Litigation and U.S.-Canada trade disputes. We use intervention analysis to explain daily lumber futures price volatility based on these events and other factors. The way information enters the market is shown to affect the speed and extent of market reaction.

Suggested Citation

  • Rucker, Randal R. & Thurman, Walter N. & Yoder, Jonathan K., 1999. "An Economic Analysis Of The Determinants Of Lumber Futures Price Movements," 1999 Annual meeting, August 8-11, Nashville, TN 21706, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21706
    DOI: 10.22004/ag.econ.21706
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    Cited by:

    1. James E. Henderson & Tina M. Willson & Michael A. Dunn & Richard F. Kazmierczak, 2009. "The Impact Of Forestry‐Related Ordinances On Timber Harvesting In St. Tammany Parish, Louisiana," Contemporary Economic Policy, Western Economic Association International, vol. 27(1), pages 67-75, January.
    2. Henderson, James E. & Willson, Tina M. & Dunn, Michael A. & Kazmierczak, Richard F., Jr., 2006. "The Role of Local Policies on Resource Utilization: Timber Harvesting in St. Tammany Parish, Louisiana," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35397, Southern Agricultural Economics Association.

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    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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