In this study we examine the trends and various factors influencing bilateral foreign direct investment (FDI) in the U.S. and Canadian forest industry between 1989 and 2008. Using panel data analysis methods, we find that bilateral FDI is positively influenced by depreciation of host country's...

We used an event study to investigate the impact of industrial timberland sales from 1997 to 2007 on shareholder values of major U.S. forest products firms. Cross-sectional regression analysis and Capital Asset Pricing Model were used to examine factors influencing changes in market...

The Faustmann theory of discounted cash flow analysis remains relevant in our modern dynamic environment in which periodic reassessment of various alternatives to ongoing forest investments is necessary. The periodic reassessment can be done using the Alternative Test (ALT) approach, which...