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Large investments in the pulp and paper industry : A count-data regression analysis
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- Bergman, Mats A. (author)
- Uppsala universitet,Nationalekonomiska institutionen,ECON - Centre for Economic Analysis, Stockholm, Sweden
- Johansson, Per (author)
- (creator_code:org_t)
- Now Publishers Inc. 2002
- 2002
- English.
- In: Journal of Forest Economics. - : Now Publishers Inc.. - 1104-6899 .- 1618-1530. ; 8, s. 29-52
- Journal article (peer-reviewed)
Abstract
Subject headings
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- This paper analyses the effects of price and market size variables on the investment propensities in the pulp and paper industry. A panel of 15 European countries in the time period 1988-1997 is used in the regression analysis. We find the wages, the USD/ECU exchange rate, the price of paper and the installed production capacity to be the main determinants of large investments in this industry. Our measure of market size has no - or only very small - effects.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Lumpy investments
- prices
- market size
- agglomeration
- distance
- investment determinants
- Economics
Publication and Content Type
- ref (subject category)
- art (subject category)
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- Umeå University
- Södertörn University
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