Timberland investments in the United States: A review and prospects

B Mei - Forest Policy and Economics, 2019 - Elsevier
In this study, 68 peer-reviewed journal articles in timberland investments in the United States
published after 1980 are reviewed. Prior to the synthesis, the history of modern timberland …

Impacts of infectious disease outbreaks on firm performance and risk: The forest industries during the COVID-19 pandemic

S Størdal, G Lien, E Trømborg - Journal of Risk and Financial …, 2021 - mdpi.com
We examine the financial performance of the forest products industry in the initial phase of
the COVID-19 pandemic, employing data for publicly trading companies in the industry …

Constructing optimal global timberland investment portfolios

GM Busby, CS Binkley, RP Chudy - Forest Policy and Economics, 2020 - Elsevier
Modern portfolio theory can support institutional investment decision-making around the
design and management of risk-efficient timberland investment portfolios. Using a portfolio …

An analysis of potential investment returns of planted forests in South China

P Zhang, Y He, Y Feng, R De La Torre, H Jia, J Tang… - New Forests, 2019 - Springer
Financial returns of forest plantations are an important concern around the world. In this
research, we focused on South China's timber investments, collected data from the …

Assessing the inflation hedging ability of timberland assets in the United States

Y Wan, B Mei, ML Clutter, JP Siry - Forest Science, 2013 - academic.oup.com
Inflation hedging is one of the unique features of timberland assets that attract timberland
investors. This study uses Fisher hypothesis and capital asset pricing model under inflation …

Evaluating the financial performance of timberland investments in the United States

B Mei, ML Clutter - Forest Science, 2010 - academic.oup.com
Timberland properties have gained increasing attention in recent decades. The
attractiveness of this asset primarily lies in its unique feature—the biological growth, which is …

Pricing timberland assets in the United States by the arbitrage pricing theory

W Yao, B Mei, ML Clutter - Forest Science, 2014 - academic.oup.com
Using quarterly data (1988Q1–2011Q4), we assess the financial performance of timberland
investments in the United States by the arbitrage pricing theory. Private-equity timberland …

Portfolio diversification through timber real estate investment trusts: A cointegration analysis

L La, B Mei - Forest Policy and Economics, 2015 - Elsevier
Investors who are interested in long-term investments have regarded timberland as an
advantageous asset class. The formation of timber real estate investment trusts (REITs) has …

Two Manifestations of Market Premium in the Capitalization of Carbon Forest Estates

PP Kärenlampi - Energies, 2022 - mdpi.com
In this study, the effect of capitalization premium in forest estate markets on forest
management and climate change mitigation economics is investigated. It is shown that …

Return and information transmission of public and private timberland markets in the United States

B Mei, ML Clutter - Forest Policy and Economics, 2020 - Elsevier
We examine risk-return characteristics and information transition dynamics of public-and
private-equity timberland investments. We first make adjustments in the return data for the …