A Market Model of Peninsular Malaysian Sawntimber Industry
A market model of sawn timber consisting of supply, export demand and domestic demano equations, and excess supply and price as identities was developed. The model can be used to analyse the effect of changes in exogenous variables such as export duty, substitute product prices, forest opening and...
| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
Universiti Putra Malaysia Press
1995
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| Online Access: | http://psasir.upm.edu.my/id/eprint/3052/1/A_Market_Model_of_Peninsular_Malaysian.pdf |
| Summary: | A market model of sawn timber consisting of supply, export demand and domestic demano equations, and
excess supply and price as identities was developed. The model can be used to analyse the effect of changes
in exogenous variables such as export duty, substitute product prices, forest opening and economic growth
on the supply, demand and price of sawn timber. |
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