AN ECONOMIC ANALYSIS OF THE DETERMINANTS OF LUMBER FUTURES PRICE MOVEMENTS

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.

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Year of publication:	1999
Authors:	Rucker, Randal R. ; Thurman, Walter N. ; Yoder, Jonathan K.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	lumber \| futures prices \| event analysis \| Environmental Economics and Policy \| Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	1999 Annual meeting, August 8-11, Nashville, TN.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21706
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005806429