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Articles by Susanna Laaksonen

Category : Article

article id 5570, category Article

Anne Toppinen, Riitta Hänninen, Susanna Laaksonen. (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

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

Abstract | View details | Full text in PDF | Author Info

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.

Toppinen, E-mail: at@mm.unknown
Hänninen, E-mail: rh@mm.unknown
Laaksonen, E-mail: sl@mm.unknown

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