An econometric analysis of imported timber demand in Turkey

Basit Öğe Kaydı
dc.contributor.authorKayacan, Bekir
dc.contributor.authorKara, Oğuz
dc.contributor.authorUcal, Meltem Şengün
dc.contributor.authorÖztürk, Atakan
dc.contributor.authorBalı, Ramazan
dc.contributor.authorKoçer, Sacit
dc.contributor.authorKaplan, Erdem
dc.date.accessioned2020-04-30T22:39:09Z
dc.date.available2020-04-30T22:39:09Z
dc.date.issued2013
dc.departmentDÜ, Orman Fakültesi, Orman Endüstrisi Mühendisliği Bölümüen_US
dc.descriptionUCAL, Meltem/0000-0003-3707-1948en_US
dc.descriptionWOS: 000315996100001en_US
dc.description.abstractThis 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 2009. The econometric model set for there appears to be able to explain more than 96% of the variation in demand for imported timber, with all of the parameter estimates, except for population parameter, being statistically significant. Estimation results confirm the existence of the price elasticity and substitute cross-price elasticity of demand for imported timber. Results also imply that the Turkish firms importing timber tend to consider domestic sawlog prices as much as, even more than, the price of foreign timber. The hypothesized effects of production changes in wood products and furniture industries on imported timber demand do not appear to be substantiated by this study, which can partly be attributed to the partial method of measuring CUR's and IPI's. Meanwhile, possible effects of income, population and exchange rate index of the Turkish currency on the imported timber demand of the country are not evidenced by the empirical findings of this research. Finally, our model forecasts, ceteris paribus, that by 2016 the level of Turkish demand for imported timber demand can reasonably be expected to exceed 2 million m(3)/year. This corresponds to the level of timber import observed in the years preceding the global economic crisis in 2009.en_US
dc.description.sponsorshipTUBITAK, The Scientific and Technological Research Council of TurkeyTurkiye Bilimsel ve Teknolojik Arastirma Kurumu (TUBITAK) [107 O 781]en_US
dc.description.sponsorshipAuthors express hereby their gratitude for the financial support received from TUBITAK, The Scientific and Technological Research Council of Turkey, through a research project (Project no: 107 O 781).en_US
dc.identifier.issn1459-0255
dc.identifier.issue1en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.urihttps://hdl.handle.net/20.500.12684/2622
dc.identifier.volume11en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherWfl Publen_US
dc.relation.ispartofJournal Of Food Agriculture & Environmenten_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectIndustrial roundwooden_US
dc.subjectroundwood demanden_US
dc.subjectforest sectoren_US
dc.subjecteconometric modelen_US
dc.subjectregression analysisen_US
dc.subjecttimber marketen_US
dc.subjectdemand forecasten_US
dc.subjectTurkish forestryen_US
dc.titleAn econometric analysis of imported timber demand in Turkeyen_US
dc.typeArticleen_US

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