Problems of defining a cooperative as an economic organisation |
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Authors: | DI Bateman JR Edwards Clare Levay |
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Institution: | University College of Wales , Aberystwyth |
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Abstract: | Abstract Despite its importance in terms of volumes and value, little previous work has been undertaken to model quantitatively the UK timber market. This article sets out to provide a simple econometric analysis of this market, considering the influences of both home‐grown and imported production, and in so doing to define an economic model which is robust to alterations in data period and which provides us with useful forecasting capabilities. |
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