Timber Investment Management Organizations (TIMO's)
Investigators:
David N. Wear, Southern Research Station
Chris Zinkhan, North Carolina State University
George M. Zinkhan, University of Georgia
Description:
Timber can be considered part of a portfolio of potential investment instruments. Further, price trends suggest that timber prices are often counter-cyclical in business cycles, enhancing the benefits of including timber in the portfolio by decreasing overall risks for the portfolio owner. But these questions are empirical ones, worthy of further investigation. This research has attempted to evaluate the potential role of timber in an investment portfolio and the degree of benefits or costs associated with its inclusion.
Problem Area(s):
Objectives and behavior
Status:
Completed
Products:
Zinkhan, F.C.; Zinkhan, G.M. 1994. An application of conjoint analysis to capital budgeting: the case of innovative land management systems. Managerial Finance 20(7):37-50.
Zinkhan, F. Christian. 1993. Timberland investment management organizations and other participants in forest asset markets: a survey. Southern Journal of Forestry 17(1):32-38.
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modified:
13-MAR-2000
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USDA FS SRS
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