BRAZILIAN SAWN WOOD PRICE AND INCOME ELASTICITY

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

Abstract

This study estimated the sawn wood demand price and income elasticity. Specifically it was estimated the price elasticity of sawn wood, the cross price elasticity of wood panels and the income elasticity of Brazilian GDP. A log-log model with correction through outline of the mobile average (MA(1)) was used, adjusted for the period of 1971 to 2006, which showed to be stable, with satisfactory significance levels. It was observed that sawn wood demand is inelastic in relation to price and elastic in relation to income.

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How to Cite
NOCE, Rommel et al. BRAZILIAN SAWN WOOD PRICE AND INCOME ELASTICITY. CERNE, [S.l.], v. 16, n. 3, p. 259-265, may 2015. ISSN 2317-6342. Available at: <http://cerne.ufla.br/site/index.php/CERNE/article/view/130>. Date accessed: 16 sep. 2019.
Keywords
Forest economy, sawn wood demand, income maximization
Section
Article