An econometric model of the demand, supply and price of forest product industry in the Philippines, 1970-1988
Clicks: 3
ID: 285870
1991
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This
article has not been analysed, so there is no overall score —
reader engagement is measured and shown alongside.
Reader Engagement
Emerging Content
0.6
/100
3 views
2 readers
AI Quality Assessment
Not analyzed
Readership in this journal
EmergingRanked #3,434 of 3,757 articles by views in Malay Journal
Most read
Least read
Bar heights use a square-root scale. Only the 120 most-read articles are drawn; the journal has 3,757 in total.
Mint this article as an NFT
Not yet mintedCreate a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.
5
SUSD
one-off · no wallet required
Abstract
An econometric model of the domestic supply, demand and price of logs, lumber, plywood and veneer was constructed and estimated by ordinary least square (OLS) method. In general, the model has performed well as exemplified by a high adjusted Re and F-ratio values. The model has a good tracking performance and accuracy in forecasting. The average root mean squared percentage error (RMSPE) was 18 percent with an average Theil inequality coefficient of 0.29 percent. Further, ex-post forecasting results showed that the model has performed well outside the sample period. The domestic demand, supply and price of forest products were affected by the one percent increase in the number of timber licensees issued, export of forest products, minimum wage rate and the earlier implementation of the log export ban. Lastly, the implementation of Senate Bill No. 1404 (total logging ban) will result in a decrease in the domestic demand and supply of forest products. However, it will increase their domestic prices.
| Reference Key |
persistent_1760656903_68f17e077bfa2
Use this key to autocite in the manuscript while using
SciMatic Manuscript Manager or Thesis Manager
|
|---|---|
| Authors | Matibag, Maritoni Carmela De Castro |
| Journal | Malay Journal |
| Year | 1991 |
| DOI |
DOI not found
|
| URL | |
| Keywords | Keywords not found |
Citations
No citations found. To add a citation, contact the admin at info@scimatic.org
Comments
No comments yet. Be the first to comment on this article.