估算 Covid-19 和软木木材价格的影响

IF 0.7 4区 农林科学 Q3 ECONOMICS
Rebecca Zanello, Papa Yaw Owusu, G. Cornelis van Kooten
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引用次数: 0

摘要

在 Covid-19 大流行期间,市场观察到美国和加拿大软木木材价格及其波动性发生了前所未有的变化。在本文中,我们采用基于事件的模型来估计 Covid-19 对软木木材价格的影响,利用回归不连续设计模型来研究 Covid-19 对软木木材价格的潜在因果效应。我们的计量经济学分析提供了证据,证明大流行期间软木木材价格的上涨并非完全随机,而是可部分归因于近期全球和地区事件的变化。我们的研究突出表明,在依赖软木木材投入的行业中,需要采取稳健、适应性强的战略,并提供对风险评估和决策非常重要的信息。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Estimating the Effects of Covid-19 and Softwood Lumber Prices

During the Covid-19 pandemic, markets observed unprecedented changes in U.S. and Canadian softwood lumber prices and their volatility. In this paper, we employ an event-based model to estimate the impact of Covid-19 on the prices of softwood lumber, utilizing a Regression Discontinuity design model to investigate the potential causal effect of Covid-19 on softwood lumber prices. Our econometric analyses serve to provide evidence that softwood lumber price increases during the pandemic were not completely random but could instead be attributed in part to variations in recent global and regional events. Our research highlights the need for the adoption of robust and adaptable strategies and provision of information important for risk assessment and decision-making in industries that rely on softwood lumber inputs.

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来源期刊
Journal of Forest Economics
Journal of Forest Economics 农林科学-林学
CiteScore
1.70
自引率
0.00%
发文量
16
审稿时长
>36 weeks
期刊介绍: The journal covers all aspects of forest economics, and publishes scientific papers in subject areas such as the following: forest management problems: economics of silviculture, forest regulation and operational activities, managerial economics; forest industry analysis: economics of processing, industrial organization problems, demand and supply analysis, technological change, international trade of forest products; multiple use of forests: valuation of non-market priced goods and services, cost-benefit analysis of environment and timber production, external effects of forestry and forest industry; forest policy analysis: market and intervention failures, regulation of forest management, ownership, taxation; land use and economic development: deforestation and land use problem, national resource accounting, contribution to national and regional income and employment. forestry and climate change: using forestry to mitigate climate change, economic analysis of bioenergy, adaption of forestry to climate change.
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