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During the 1947-1962 period 87 percent of the variance in round pine pulpwood price first differences was associated with three factors; first differences of a wholesale price index of paper except newsprint, paperboard, and building paper and board; first differences of round pine pulpwood production in the Southeast; and the annual average--lagged one year--of monthly percentage ratios of softwood inventories to softwood consumption. It terms of the relative importance of these three factors in reducing the variance in prices, the wholesale price index ranked first, followed by pulpwood production, and the inventory-consumption percentage ratio, in that order.
Document Type: Journal Article
Associate Professor, School of Forestry, University of Florida, Gainesville
Publication date: February 1, 1968
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The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.