Have you ever thought what factors determine timber supply among non-industrial private forest owners? In this post, I discuss some basic theories that drive decisions of NIPF owners, and I focus on some factors that are crucial when you are planning to start a new timber business in particular location. Enjoy!
In the 1990s-2000s, Norske Skog invested tens of billions Norwegian Krone to become the world’s largest newspaper (newsprint) and magazine paper company. Then the rapid development of internet occured, which clipped the wings of Norske Skog. During last years, Norske Skogindustrier ASA or Norske Skog, which translates as Norwegian Forest Industries, were in continuous troubles made mostly by an oversupply in the paper […]
This post describes an overview and applications of robust optimization technique in the context of timberland and wood industry analyses.