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Record W2072220918 · doi:10.1139/x06-043

Price linkages in the North American softwood lumber market

2006· article· en· W2072220918 on OpenAlexvenueaboutno aff
Jungho Baek

Bibliographic record

VenueCanadian Journal of Forest Research · 2006
Typearticle
Languageen
FieldEnvironmental Science
TopicForest Management and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsCointegrationEconomicsSoftwoodMarket priceError correction modelShort runAgricultural economicsFinancial economicsEconometricsMonetary economicsMicroeconomicsEngineering

Abstract

fetched live from OpenAlex

This paper examines structural changes and the dynamics of price relationships in the United States (US), British Columbia, Quebec, and Ontario lumber markets. With monthly price series from 1981 to 2002, I used Perron's method to identify structural shifts and the Johansen cointegration analysis and vector-error correction model to determine both short- and long-run price relationships. I found that because of restrictions on federal timber harvests in the Pacific Northwest, price instability experienced in 1992 has caused structural shifts for the US and Canadian lumber prices. I also found that the North American lumber market is indeed integrated, with the US price significantly affecting Canadian prices in both the short and long run. This further indicates that the US market plays a dominant role in price setting in the North American lumber market, as Canadian prices respond to the US price change, but the reverse situation does not occur.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.670
Threshold uncertainty score0.999

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0000.001
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.019
GPT teacher head0.281
Teacher spread0.262 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations15
Published2006
Admission routes2
Has abstractyes

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