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Price Prediction as an Instrument of Managing the Economy of Pulp and Paper Plants, Industry, and Complex. Pp. 94–100.

Версия для печати

Section: State Management and Law. Economics

UDC

338.12.017

Authors

Sushko Olga Petrovna Institute of Economics and Management, Northern (Arctic) Federal University named after M.V. Lomonosov (Arkhangelsk, Russia)

Zalyvsky Nikolay Pavlovich Institute of Economics and Management, Northern (Arctic) Federal University named after M.V. Lomonosov (Arkhangelsk, Russia)

Abstract

The article provides an econometric analysis of the pulp and paper market price dynamics. The authors identify criteria and specific features of the price trend. Characteristics of time series and cycle structure are provided, as well as some stochastic models of cellulose price change dynamics. These models accurately reflect the process of cellulose price change, which has been confirmed by comparing actual data with model data. The most adequate models of time series prices can serve as a basis for research and development of price dynamics scenarios.

Keywords

cellulose market forecasting, econometric price analysis, linear trend of cellulose prices, cyclic recurrence.

The full-text version of the article can be requested through the university’s library.

References

1. Forest Online. Timber Industry. Available at: http://www.lesonline.ru/ (accessed 20 March 2013) (in Russian).
2. Shilovskaya N.A. Ekonometrika [Econometrics]. Arkhangelsk, 2013.
3. FOEX Indexes Ltd. Available at: http://www.foex.fi/ (accessed 22 March 2013).