Relationship risk-return of native species sawn wood in the state of Pará, Brazil 2003-2007

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.

Bibliographic Details

Main Authors:	Noce,Rommel, Silva,Márcio Lopes da, Mendes,Lourival Marin, Souza,Agostinho Lopes de, Rezende,José Luiz Pereira de, Carvalho,Rosa Maria Miranda Armond, Canto,Juliana Lorensi do, Oliveira,Juliana Mendes de
Format:	Digital revista
Language:	English
Published:	UFLA - Universidade Federal de Lavras 2010
Online Access:	http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0104-77602010000200012
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