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Competition in the global pulp and paper industries - An evaluation based on three approaches

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  • Karikallio, Hanna
  • Mäki-Fränti, Petri
  • Suhonen, Niko

Abstract

This paper uses three different approaches for measuring the tightness of competition in the global pulp and paper markets. First, we evaluate the market shares of the world's largest pulp and paper companies. Second, we estimate the price elasticities of the export demand for pulp and paper. Third, we test the Law of One Price. All three approaches suggest that the pulp and paper markets are competitive in the sense that a single firm, no matter how large, cannot increase the price of its products without losing market shares and experiencing a fall in total revenues.

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  • Karikallio, Hanna & Mäki-Fränti, Petri & Suhonen, Niko, 2011. "Competition in the global pulp and paper industries - An evaluation based on three approaches," Journal of Forest Economics, Elsevier, vol. 17(1), pages 91-104, January.
    • Handle: RePEc:eee:foreco:v:17:y:2011:i:1:p:91-104
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    Cited by:

    1. Gray, Wayne B. & Shadbegian, Ronald J. & Wang, Chunbei & Meral, Merve, 2014. "Do EPA regulations affect labor demand? Evidence from the pulp and paper industry," Journal of Environmental Economics and Management, Elsevier, vol. 68(1), pages 188-202.
    2. Furszyfer Del Rio, Dylan D. & Sovacool, Benjamin K. & Griffiths, Steve & Bazilian, Morgan & Kim, Jinsoo & Foley, Aoife M. & Rooney, David, 2022. "Decarbonizing the pulp and paper industry: A critical and systematic review of sociotechnical developments and policy options," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    3. Florian Jaehn & Raisa Juopperi, 2019. "A Description of Supply Chain Planning Problems in the Paper Industry with Literature Review," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 36(01), pages 1-39, February.
    4. Peltoniemi, Mirva, 2013. "Mechanisms of capability evolution in the Finnish forest industry cluster," Journal of Forest Economics, Elsevier, vol. 19(2), pages 190-205.
    5. Lehtonen, Olli & Tykkyläinen, Markku, 2014. "Delphi path simulator for unveiling development opportunities in the forest industries by contrasting forest management practices — The case of North Karelia," Technological Forecasting and Social Change, Elsevier, vol. 84(C), pages 171-185.
    6. Ben Daya, Bechir & Nourelfath, Mustapha, 2019. "Sustainability assessment of integrated forest biorefinery implemented in Canadian pulp and paper mills," International Journal of Production Economics, Elsevier, vol. 214(C), pages 248-265.

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