A dynamic forecasting model for the Finnish pulp export price.

Toppinen, Anne; Hänninen, Riitta; Laaksonen, Susanna

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

Silva Fennica vol. 30 no. 4 article id 5570 | 1996 | Article

Anne Toppinen , Riitta Hänninen, Susanna Laaksonen

A dynamic forecasting model for the Finnish pulp export price.

Toppinen A., Hänninen R., Laaksonen S. (1996). A dynamic forecasting model for the Finnish pulp export price. Silva Fennica vol. 30 no. 4 article id 5570. https://doi.org/10.14214/sf.a8505

Abstract

This study investigates the relationship between Finnish sulphate pulp export prices and international pulp inventories using the Johansen cointegration method. Long-run equilibrium is found to exist between pulp price and NORSCAN inventory for the study period, 1980-94. Granger causality is found to exist from inventory to price but not vice versa. A simple short-run forecasting model for the Finnish pulp export price is formed. In preliminary analysis, the explanatory power of model is found to be acceptable but only under stable market conditions.

Keywords
inventory; Finland; cointegration; business cycles; pulp; price; sulphate pulp; export prices

Published in 1996

Available at https://doi.org/10.14214/sf.a8505 | Download PDF

Click this link to register to Silva Fennica.

If you are a registered user, log in to save your selected articles for later access.

Contents alert

Export reference to EndNote / RefWorks

Your selected articles

Your search results

Toppinen A., (1997) Testing for Granger-causality in the Finnish rou.. Silva Fennica vol. 31 no. 2 article id 5620

Toppinen A., Hänninen R. et al. (1996) A dynamic forecasting model for the Finnish pulp.. Silva Fennica vol. 30 no. 4 article id 5570

Lähtinen K., Häyrinen L. et al. (2021) Consumer housing values and prejudices against l.. Silva Fennica vol. 55 no. 2 article id 10503

Hietala J., Hänninen R. et al. (2019) Networks in international opportunity recognitio.. Silva Fennica vol. 53 no. 4 article id 10151

Toppinen A., Lähtinen K. et al. (2011) Network co-operation as a source of competitiven.. Silva Fennica vol. 45 no. 4 article id 102

Mutanen A., Toppinen A. (2005) Finnish sawlog market under forest taxation reform Silva Fennica vol. 39 no. 1 article id 400

Jussila J., Nagy E. et al. (2022) Wooden multi-storey construction market developm.. Silva Fennica vol. 56 no. 1 article id 10609

Mattila O., Hämäläinen K. et al. (2016) Strategic business networks in the Finnish wood .. Silva Fennica vol. 50 no. 3 article id 1544