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...

This paper considers the apparent contradiction between the results of Artto (1997), who claims that shareholders in the paper industry have gained reasonable returns, and Pohjola (1996), who argues that a large shareholder value has been lost (the Artto–Pohjola Paradox). We show under fairly...

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...

The purpose of this report is to shed light on the dynamics and determinants of productivity growth in nine selected natural resource industries and in the overall natural resource sector in Canada. This report provides a concise review of the findings of a detailed analysis undertaken by the...

The present literature review is an attempt to gather and summarize the extent of our knowledge of the productivity trends and levels in the forest products sector. We consider single factor as well as total factor productivity definitions. The studies ?from around the world but mainly focusing...

The objective of this report is to provide an overview of the evolution of productivity in the natural resources industries in Canada over the last 40 years. This report presents data and discusses trends in labour and total factor productivity for natural resources industries in Canada over the...

The objectives of this study are to provide a comprehensive overview of the productivity situation in the forest products sector at the national and provincial level in Canada, to compare this situation to that in other countries with important forestry product sectors, and to offer some...

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...

This paper examines the relationship between the environmental and economic performance of firms in the European paper manufacturing industry. Based on panel data, it first investigates the relationship separately, with the analysis based on four hypotheses formulated with regard to country...

Cartel detection is usually viewed as a key task of either competition authorities or compliance officials in firms with an elevated risk of cartelization. We argue that customers of hard core cartels can have both incentives and possibilities to detect such agreements on their own initiative...