How integrated are tropical timber markets?

Panos Varangis

No 465, Policy Research Working Paper Series from The World Bank

Abstract: The tropical timber market is characterized by multiple species, multiple products, and regional patterns of trade and production. In such a market, finding a representative price is a difficult and perhaps an irrelevant task. So Varangis conducted tests to see whether prices from different species, products, and regions move together, at least in the long run. If they do, the use of a representative price may be appropriate. The analysis could also be seen as a test of whether the Asian and African/European markets are interdependent.

Keywords: Markets and Market Access; Environmental Economics&Policies; Economic Theory&Research; Wood Manufacturing and Industry; Access to Markets (search for similar items in EconPapers)
Date: 1990-08-31
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Citations: View citations in EconPapers (1)

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