HOME HELP FEEDBACK SUBSCRIPTIONS ARCHIVE SEARCH TABLE OF CONTENTS		QUICK SEARCH:   [advanced] Author: Keyword(s): Year:  Vol:  Page:

This Article Full Text (PDF) Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Download to citation manager Citing Articles Citing Articles via Google Scholar Google Scholar Articles by Lundgren, T. Search for Related Content

Assessing the Investment Performance of Swedish Timberland: A Capital Asset Pricing Model Approach

This paper evaluates the investment performance of Swedish timberland during the last three decades using the Capital Asset Pricing Model (CAPM). Results suggests that Swedish timberland investments show diversification potential and can serve as a hedge against inflation. Furthermore, the analysis suggests that the return on timberland is higher than on investment alternatives in the same risk class. The results are in line with similar studies performed in other countries. (JEL D21, Q23)