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Analysis of risk and return of the forest sector: wood products

This work aimed to describe, analyze and to compare the relation risk and return of the forest products: sawn wood, planed wood, veneer, plywood and the chemical pulpwood, in function of the behavior of its price, during the three last decades with base in the geometric rate of growth and in the price dispersion. The results indicated that the only products that presented favorable relation to fund raising, during the three decades, were the sawn and planed wood.

Logger activity; forest economy; risk; financial return


Sociedade de Investigações Florestais Universidade Federal de Viçosa, CEP: 36570-900 - Viçosa - Minas Gerais - Brazil, Tel: (55 31) 3612-3959 - Viçosa - MG - Brazil
E-mail: rarvore@sif.org.br