Profitability and risk sources in global timberland investments
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DOI: 10.1016/j.forpol.2019.102037
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References listed on IDEAS
- Wan, Yang & Clutter, Michael L. & Mei, Bin & Siry, Jacek P., 2015. "Assessing the role of U.S. timberland assets in a mixed portfolio under the mean-conditional value at risk framework," Forest Policy and Economics, Elsevier, vol. 50(C), pages 118-126.
- Bin Mei & David N. Wear & Jesse D. Henderson, 2019. "Timberland Investment under Both Financial and Biophysical Risk," Land Economics, University of Wisconsin Press, vol. 95(2), pages 279-291.
- Changyou Sun & Daowei Zhang, 2001. "Assessing the Financial Performance of Forestry-Related Investment Vehicles: Capital Asset Pricing Model vs. Arbitrage Pricing Theory," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 617-628.
- Hildebrandt, Patrick & Knoke, Thomas, 2011. "Investment decisions under uncertainty--A methodological review on forest science studies," Forest Policy and Economics, Elsevier, vol. 13(1), pages 1-15, January.
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Cited by:
- Kanieski da Silva, Bruno & Schons, Stella Z. & Cubbage, Frederick W. & Parajuli, Rajan, 2020. "Spatial and cross-product price linkages in the Brazilian pine timber markets," Forest Policy and Economics, Elsevier, vol. 117(C).
- Samitas, Aristeidis & Papathanasiou, Spyros & Koutsokostas, Drosos & Kampouris, Elias, 2022. "Are timber and water investments safe-havens? A volatility spillover approach and portfolio hedging strategies for investors," Finance Research Letters, Elsevier, vol. 47(PA).
- Pinnschmidt, Arne & Yousefpour, Rasoul & Nölte, Anja & Hanewinkel, Marc, 2023. "Tropical mixed-species plantations can outperform monocultures in terms of carbon sequestration and economic return," Ecological Economics, Elsevier, vol. 211(C).
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Keywords
Timberland investments; Financial model; Risk; IRR; Monte Carlo;All these keywords.
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