Full text of this article is only available in PDF format.

Torjus F. Bolkesjø (email)

Projecting pulpwood prices under different assumptions on future capacities in the pulp and paper industry

Bolkesjø T. F. (2005). Projecting pulpwood prices under different assumptions on future capacities in the pulp and paper industry. Silva Fennica vol. 39 no. 1 article id 399. https://doi.org/10.14214/sf.399

Abstract

Capacity changes in the pulp and paper industry affect demand for pulpwood and thus pulpwood prices. This paper analyzes the impacts on roundwood prices in Norway of two possible capacity changes (one new machine and one close-down) that currently are high on the agenda in the Norwegian paper industry, and assesses the generality of the results obtained from these case studies. The two cases are implemented exogenously into a regionalized partial equilibrium forest sector model, and the capacity change scenarios are compared with a business as usual scenario assuming no demand shocks. The projected pulpwood prices change significantly in regions near mills where capacity shifts, at least for the close-down case, but only moderately at an aggregated national level. The reduction in prices under the close-down studied is higher than the price increase from the possible capacity increase case. The asymmetric price responses projected for the two case studies are supported by sensitivity analyses on other regions and cases (technologies). For the capacity increase case it is shown that the level of the projected pulpwood price is sensitive to assumptions on base-year prices and transport costs of imported roundwood, but the magnitudes of the price increases projected as a result of increased demand are less affected by these assumptions.

Keywords
paper industry; Norway; capacity; partial equilibrium model; pulpwood; prices

Author Info
  • Bolkesjø, Norwegian University of Life Sciences, Dept. of Ecology and Natural Resource Management, Høyskoleveien 14, NO-1432 Ås, Norway E-mail torjus.bolkesjo@umb.no (email)

Received 30 January 2004 Accepted 26 January 2005 Published 31 December 2005

Views 4505

Available at https://doi.org/10.14214/sf.399 | Download PDF

Creative Commons License CC BY-SA 4.0

Register
Click this link to register to Silva Fennica.
Log in
If you are a registered user, log in to save your selected articles for later access.
Contents alert
Sign up to receive alerts of new content

Your selected articles
Send to email
Kozlowski T. T., Sasaki S. et al. (1967) Effects of temperature on phytotoxicity of monur.. Silva Fennica vol. 1 no. 3 article id 4752 (remove) | Edit comment
Wolfsmayr U. J., Rauch P. (2014) Primary forest fuel supply chain: assessing barr.. Silva Fennica vol. 48 no. 5 article id 1217 (remove) | Edit comment
Kellomäki S., Kolström M. (1992) Computations on the management of seedling stand.. Silva Fennica vol. 26 no. 2 article id 5478 (remove) | Edit comment
Selochnik N. N., Pashenova N. V. et al. (2015) Ophiostomatoid fungi and their roles in Querc.. Silva Fennica vol. 49 no. 5 article id 1328 (remove) | Edit comment
Bieker D., Rust S. (2010) Non-destructive estimation of sapwood and heartw.. Silva Fennica vol. 44 no. 2 article id 153 (remove) | Edit comment
Lappalainen A., (1971) Forests and taxation in Finland Silva Fennica vol. 5 no. 4 article id 4857 (remove) | Edit comment
Ollinmaa P. J., (1952) Native and cultivated southern broadleaved tree .. Silva Fennica vol. no. 77 article id 4627 (remove) | Edit comment
Piha A., (1954) Taxation of state woodlands Acta Forestalia Fennica vol. 61 no. 31 article id 7443 (remove) | Edit comment
Gustafsson Å., (2003) Logistic services as a competitive means – segme.. Silva Fennica vol. 37 no. 4 article id 487 (remove) | Edit comment
Blomqvist A. G., (1959) The itineraries of G.A. Blomqvist in 1867-1869 Silva Fennica vol. 0 no. 100 article id 4681 (remove) | Edit comment
Miettinen J., Helle P. et al. (2009) Changes in landscape-scale habitat selection of .. Silva Fennica vol. 43 no. 4 article id 182 (remove) | Edit comment
Finnish Society of Forest Science ., (1937) 25th anniversary of Finnish Society of Forest Sc.. Silva Fennica vol. no. 43 article id 4523 (remove) | Edit comment
Persson T., Andersson B. et al. (2010) Relationship between autumn cold hardiness and f.. Silva Fennica vol. 44 no. 2 article id 152 (remove) | Edit comment
Långström B., (1984) Windthrown Scots pines as brood material for Tom.. Silva Fennica vol. 18 no. 2 article id 5213 (remove) | Edit comment
Bolkesjø T. F., (2005) Projecting pulpwood prices under different assum.. Silva Fennica vol. 39 no. 1 article id 399 (remove) | Edit comment
Your search results