Title
Institutional effect on valuation: A study of the storm Gudruns effect on forest real estate prices,Used
Delivery time: 8-12 business days (International)
In January 2005 southern Sweden along with Great Britain, Ireland and Denmark was hit by the storm Gudrun. Our study investigates the storms effect on forest real estate prices and the effect of counter acting measures taken by institutions after the storm. In order to do this we have studied 63 private forest real estate transactions in Jnkping County during 20032006. Applying a hedonic regression model to capture the yearly price changes we find that in our sample there was a large price increase in 2006 and that the results for 2005 are in line with the expectation that the storm made large economic damage. A fully damaged forest would reduce the transaction value with roughly a third, the results are however insignificant given our sample size. In 2005 there was a large price increase in other parts of the country unaffected by the storm. For 2006 we see evidence that the clear price effect can be explained by a positive institutional effect, together with a convergence of price with unaffected areas.
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
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Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.