Dynamic models of the roundwood market in Finland

We contribute to the discussion of the reasons why the supply of roundwood has lagged behind the growth of forests since the early I970s. Our dynamic models of the roundwood market provide some evidence that the very low level of the real interest rate is an important reason for the sluggishness of fellings in private forests.

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Year of publication:	1989
Authors:	Forsman, Pentti ; Heinonen, Tarja
Published in:	Finnish Economic Papers. - Taloustieteellinen Yhdistys. - Vol. 2.1989, 1, p. 48-54
Publisher:	Taloustieteellinen Yhdistys

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004980124