@article{Viitanen:198735,
      recid = {198735},
      author = {Viitanen, Jari and Toppinen, Anne and Magar, Surya Bahadur  and Michie, Bruce and Nyrud, Anders Q.},
      title = {Trade flows, unit prices and roundwood market integration  in northern Europe},
      journal = {Scandinavian Forest Economics: Proceedings of the Biennial  Meeting of the Scandinavian Society of Forest Economics},
      address = {2006-05},
      number = {1330-2016-103711},
      pages = {11},
      year = {2006},
      abstract = {Roundwood markets in Northern Europe have changed  significantly due to the enlargement
of EU in 1995 and  2004, and the formation of a common currency union between  the 12 EU
countries in 2001. However, wider research on the  larger context of interaction between
national markets in  European Union is yet largely missing. This study shortly  assesses
roundwood market development and integration in  Northern Europe. First, international
roundwood and chips  trade is studied by using simple descriptive analyses and  annual
national data from EFI’s and FAO’s databases for  coniferous roundwood trade in 1980-2004.
We classify  countries as net importers or exporters of roundwood and  examine how the trade
flows have evolved over time. Second,  we explore how the unit values of the roundwood and
chips  exports and imports have developed during 1980-2004, and  explore signs for deepening
integration of the roundwood  markets in terms of convergence of unit prices and  price
variances. The results indicate that coniferous  roundwood trade has been mainly moving
from east (Russia,  Baltic States) to west (Finland, Sweden, Norway), even  though there has
also been a small trading centre around  Austria. The unit price development reveals that
national  export and import prices have clearly converged during the  last decade.},
      url = {http://ageconsearch.umn.edu/record/198735},
      doi = {https://doi.org/10.22004/ag.econ.198735},
}