Browsing by Subject "Demand forecast"
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An econometric analysis of imported timber demand in Turkey
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Publisher and Date:(WFL PUBL, 2013)This paper attempts to understand and explain determinants of Turkish demand for foreign timber imported to Turkey. Explanatory variables in the propounded model include price of imported timber price of domestically-produced sawlog as an imperfect substitute income per capita country population and capacity utilization rates (CUR's) and industrial production indices (IPI's) of forest industry sectors. For empirical purpose we used a time series data covering the 15-year period between 1995 and ...
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A primary econometric approach to modeling and forecasting the demand for fuelwood in Turkey
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Publisher and Date:(Wfl Publ, 2012)A primary econometric approach is presented to understand the determinants of variation in national demand for domestically-produced fuelwood in Turkey. Also included in this study is a demand forecast for fuelwood based upon the econometric model proposed in this study. Being in multiplicative form originally, the proposed model is converted in to a double-log or log-linear form, for the ease of immediate interpretation of the parameter estimates in respect of elasticities. Parameter estimation ...
