Lönnstedt, Lars
- Institutionen för skogens produkter, Sveriges lantbruksuniversitet
This article examines the changing structure and ownership of the forest products industry in North America and the Nordic countries. The authors explore company-specific perspectives on why some private forest products companies divest themselves of timberland ownership and others do not. The focus is on the United States, where the forest products industry has divested itself of substantial amounts of timberland, and on Sweden, where divestitures have been smaller. In both the United States and Sweden, forest products industries are large and forestland ownership has traditionally been an important component of the portfolio of an integrated forest products firm. The analysis presented here is based in part on literature about the vertical integration of markets. (C) 2011 Elsevier B.V. All rights reserved.
Forest; Ownership; Timberland; TIMOs; REITs; Vertical integration
Forest Policy and Economics
2012, volym: 14, nummer: 1, sidor: 19-27
Utgivare: ELSEVIER SCIENCE BV
Ekonomi och näringsliv
Samhällsvetenskap
https://res.slu.se/id/publ/56656