Strategic Investments in the Pulp and Paper Industry: A Count Data Regression Analysis

Mats A. Bergman () and Per Johansson
Additional contact information
Mats A. Bergman: The Swedish Competition Authority, Postal: SE-103 85 Stockholm

No 536, Working Paper Series from Research Institute of Industrial Economics

Abstract: 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 1984 - 1997 is used in the regression analysis. We find the wages, the US/ECU exchange rate, the price of paper and the installed production capacity to be the main determinants of strategic investments in this industry. Our measure of market size have no - or only very small - effects.

Keywords: Lumpy investments; Prices; Market size; Agglomeration; Distance; Investment determinants (search for similar items in EconPapers)
JEL-codes: D24 E22 L11 L73 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2000-09-25
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://swopec.hhs.se/iuiwop/papers/iuiwop0536.pdf (application/pdf)

Related works:
Working Paper: Strategic Investments in the Pulp and Paper Industry: A Count Data Regression Analysis (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:0536

Access Statistics for this paper

More papers in Working Paper Series from Research Institute of Industrial Economics Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Elisabeth Gustafsson ().