Assessing the role of futures position substitutability in a monthly model of factor demand for softwood lumber |
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Authors: | Babula Ronald A. Zhang Daowei |
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Affiliation: | 1.College of Social Science, Keimyung University, Daegu, South Korea ;2.School of Forestry and Wildlife Sciences, Auburn University, Auburn, AL, USA ;3.FAO Forestry Department, Rome, Italy ; |
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Abstract: | Empirical Economics - We combine cointegrated VAR modeling with basic neoclassical production theory in a new way that tests for, and illuminates the empirical nature of, the monthly US housing... |
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