The aim of this study is to elucidate the price formation of home- grown Dutch timber. First, Dutch forestry is typified. Then, the functions and structure of the roundwood trade are discussed. An econometric model is specified in order to analyse the factors that determine the 'passing on', the market mechanism and the price formation of Dutch timber and timber products. The model starts with the demand for final products. For the production columns sawn wood, plywood and paper and board, an analysis is done to ascertain how the prices of final products, semi-manufactured articles and of imports and exports are connected with the prices of homegrown roundwood.
The price difference between standing and felled timber is analysed. It is examined whether the roundwood merchants operate as margin makers or as margin takers.
Finally, it is attempted to explain the price of home-grown roundwood at the level of the forest holding, using features linked to the batch and the influence of the world market.
|Qualification||Doctor of Philosophy|
|Award date||17 Nov 1987|
|Place of Publication||S.l.|
|Publication status||Published - 1987|
- wood products
- forest ownership
- private ownership
- public ownership
- price formation
- forest products industries