Abstract

Based on the analysis of the fluctuations trend of man-made board price, this study has carried on the empirical research to the fluctuations characteristics of man-made board price using ARCH class models in our country. The research showed that: market price fluctuations of plywood, fiberboard and particleboard in China have significant agglomeration. In addition, the main man-made board market did not show the characteristics of the high risk with high reward. Therefore, some suggestions to stabilize man-made board market price have been put forward.

Keywords:

ARCH model, man-made board, price fluctuation,

References

1. Anderson, J.E. and E. van Wincoop, 2003. Gravity with gravitas: A solution to the border puzzle [J]. Am. Econ. Rev., 93(1): 170-192.
   Direct Link
2. Chen, B. and J. Ma, 2013. Study on the complexity of closed-loop supply chain based on price difference between new and remanufactured products [J]. Adv. J. Food Sci. Technol., 5(12): 1566-1572.
   Direct Link
3. Felbermayr, G.J. and F. Toubal, 2012. Cultural proximity and trade [J]. Eur. Econ. Rev., 54(2): 279-293.
   Direct Link
4. Feng, Z.H., Y.M. Wei and K. Wang, 2012. Estimating risk for the carbon market via extreme value theory: An empirical analysis of the EU ETS [J]. Appl. Energ., 99(6): 97-108.
   CrossRef    
5. Härtl, F., A. Hahn and T. Knoke, 2013. Risk-sensitive planning support for forest Enterprises: The YAFO model. Comput. Electron. Agr., 94(3): 58-70.
   CrossRef    
6. Joshi, O., D.L. Grebner, I.A. Munn, A. Hussain and S.R. Gruchy, 2013. Understanding landowner preferences for woody biomass harvesting: A choice experiment-based approach [J]. Forest Sci., 59(5): 549-558.
   CrossRef    
7. Ma, E. and W. Wang, 2013. The impact of exchanges rate change on China’s international trade [J]. Commer. Modernization, 14: 354-355.
   
8. Noureldin, D., N. Shephard and K. Sheppard, 2014. Multivariate rotated ARCH models [J]. J. Econometrics, 179(1): 16-30.
   CrossRef    

Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.