Bergman, Mats; Johansson, Per - Institutionen för Nationalekonomi, Umeå Universitet - 2000
The effects of price and market size variables on the investment propensities in the pulp and paper industry are analyzed. A panel of 15 European countries for the time period 1984 - 1997 is used in the regression analysis. We find that the wages, the $US/ECU$ exchange rate, the price of paper...