Forest-based industrial network: Case of the French timber market
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文摘
We model the industrial network of the forest-based sector, with random demands, in the presence of supply contracts. We investigate the network equilibrium flows and compute the prices at which the former can be attained. The model shows that forest resources are overvalued, while manufactured products are undervalued, by the market. The vertical integration of the forest-based sector is only relevant for a large market size.

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