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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 (email)
  • Hänninen, E-mail: rh@mm.unknown
  • Laaksonen, E-mail: sl@mm.unknown

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