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Investor attention and abnormal performance of timberland investments in the United States

Publication ,  Journal Article
Gao, L; Mei, B
Published in: Forest Policy and Economics
March 1, 2013

We use Internet search volume of timberland related terms to test investor attention on timberland asset pricing. With an innovate measure of investor attention based on Internet search volume, we investigate the empirical implication of Internet information search on timberland asset pricing. Our results reveal that investor attention to the finished wood products market, the global climate change, the emerging biomass market, and the overall manufacturing industry has significant effects on the abnormal returns of timberland investments. © 2013.

Duke Scholars

Published In

Forest Policy and Economics

DOI

ISSN

1389-9341

Publication Date

March 1, 2013

Volume

28

Start / End Page

60 / 65

Related Subject Headings

  • Forestry
  • 1605 Policy and Administration
  • 1402 Applied Economics
  • 0705 Forestry Sciences
 

Citation

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Gao, L., & Mei, B. (2013). Investor attention and abnormal performance of timberland investments in the United States. Forest Policy and Economics, 28, 60–65. https://doi.org/10.1016/j.forpol.2013.01.003
Gao, L., and B. Mei. “Investor attention and abnormal performance of timberland investments in the United States.” Forest Policy and Economics 28 (March 1, 2013): 60–65. https://doi.org/10.1016/j.forpol.2013.01.003.
Gao L, Mei B. Investor attention and abnormal performance of timberland investments in the United States. Forest Policy and Economics. 2013 Mar 1;28:60–5.
Gao, L., and B. Mei. “Investor attention and abnormal performance of timberland investments in the United States.” Forest Policy and Economics, vol. 28, Mar. 2013, pp. 60–65. Scopus, doi:10.1016/j.forpol.2013.01.003.
Gao L, Mei B. Investor attention and abnormal performance of timberland investments in the United States. Forest Policy and Economics. 2013 Mar 1;28:60–65.
Journal cover image

Published In

Forest Policy and Economics

DOI

ISSN

1389-9341

Publication Date

March 1, 2013

Volume

28

Start / End Page

60 / 65

Related Subject Headings

  • Forestry
  • 1605 Policy and Administration
  • 1402 Applied Economics
  • 0705 Forestry Sciences