Profitability and risk sources in global timberland investments
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DOI: 10.1016/j.forpol.2019.102037
Abstract: Abstract As a long-term investment, timberland investments offer financial benefits including portfolio diversification, attractive risk/return profile, an inflation hedge, and the potential of cash flow. Based on interviews with experts regarding ranges of input parameters… read more here.
Keywords: global timberland; risk; loblolly pine; douglas fir ... See more keywords
Volatility Decay and Diversification Role of Timberland as the Investment Horizon Lengthens
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DOI: 10.1093/forsci/fxab031
Abstract: Under the mean-variance efficiency framework, we investigate the role of timberland asset in a mixed-asset portfolio in the United States. Starting from a single period (quarterly) view, we first reveal the crucial role of serial… read more here.
Keywords: timberland; investment; equity timberland; investment horizon ... See more keywords
Financial Effects of the 2017 Tax Cuts and Jobs Act on Nonindustrial Private Forest Landowners: A Comparative Study for 10 Southern States of the United States
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DOI: 10.1093/jofore/fvaa032
Abstract: Changes in tax codes applicable to timberland investments can affect tax treatment of timber revenues and expenses. The 2017 Tax Cuts and Jobs Act (TCJA) is regarded as the most expansive overhaul of tax codes… read more here.
Keywords: tax; 2017 tax; timberland; united states ... See more keywords