Modelling future timber price development by using expert judgments and time series analysis

Timber prices belong to the most important variables affecting the optimality of forest management. On the other hand, forecasting of timber prices is very uncertain. One difficulty when using past time series data in forecasting future timber price development is the possibility of c...

Full description

Bibliographic Details
Main Authors: Leskinen, Pekka, Kangas, Jyrki
Format: Article
Language:English
Published: Finnish Society of Forest Science 2001-01-01
Series:Silva Fennica
Online Access:https://www.silvafennica.fi/article/606