RELATION SHIP RISK-RETURN OF NATIVE SPECIES SAWN WOOD IN THE STATE OF PARÁ, BRAZIL 2003-2007

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Rommel Noce Márcio Lopes da Silva Lourival Marin Mendes Agostinho Lopes de Souza José Luiz Pereira de Rezende Rosa Maria Miranda Armond Carvalho Juliana Lorensi do Canto Juliana Mendes de Oliveira

Abstract

This study characterized the risk-return relationship of sawn wood of different native forest species of the Amazonian area. Specifically, it was determined the risk-return relationship of Ipê, Jatobá, Maçaranduba, Angelim Pedra, Angelim Vermelho and Cumaru boards, in 2003-2007 period. The Geometric Growth Rate of prices of the m3 of boards of each species was admitted as return estimative and the variation coefficient as indicative of risk; the estimated values were plotted in dispersion graphics allowing graphic analysis. It was noticed that their prices float, relatively, in the same way and that Jatobá stands out in attractiveness terms, considering the whole period while the other species presented a coherent relationship among themselves i.e., higher returns associated with high risks. Angelim Vermelho and Maçaranduba stood out for the attractiveness, in an annual perspective.

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How to Cite
NOCE, Rommel et al. RELATION SHIP RISK-RETURN OF NATIVE SPECIES SAWN WOOD IN THE STATE OF PARÁ, BRAZIL 2003-2007. CERNE, [S.l.], v. 16, n. 2, p. 199–208, may 2015. ISSN 2317-6342. Available at: <http://cerne.ufla.br/site/index.php/CERNE/article/view/156>. Date accessed: 17 sep. 2019.
Keywords
Forest economy, native tree species, attractiveness
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Article