The principal objective of this work was to develop market competence and more efficient trade mechanisms in the Norwegian roundwood markets. The standard delivery contract covers about 90% of the traded roundwood volume in Norway. Information about the functioning of this contract was gathered...

Joint costs are costs which cannot be readily identified with individual products. They are especially prominent in extractive, agricultural and chemical industries. In this article we consider methods used by the Norwegian sawmilling industry to allocate joint costs. A survey of joint cost...

By assuming a forest growing logistically and a local population that harvests wood illegally in a manner similar to predation, a bio-economic model gives the following results: 1) when local population is very low, optimal deterring effort is zero; 2) as long as the population is sufficiently...

The aim of the study is to find the Estonian timber sector competitiveness in the world timber markets. The different foreign trade related indices –Balassa index a.k.a. revealed comparative advantage index (RCA), relative import advantage (RMA), revealed competitiveness RC – were calculated...

Companies involved in natural resource extraction, such as forestry, significantly influence the environment they operate in. Therefore, active engagement in corporate social responsibility (CSR) and managing close relationships with key stakeholder groups, i.e., governments (e.g., legal...

Performance Measurement Systems (PMS) have become popular over the past two decades. Especially since the mid 1990s there has been a notable increase of organizations using these kinds of management tools. The benefits of PMS are widely accepted in the industrial sector, but there have been...