Brazilian sawn wood price and income elasticity

Brazilian sawn wood price and income elasticity

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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Bibliographic Details
Main Authors: Noce,Rommel, Rezende,José Luiz Pereira de, Souza,Agostinho Lopes de, Mendes,Lourival Marin, Silva,Márcio Lopes da, Carvalho,Rosa Maria Miranda Armond, Oliveira,Juliana Mendes de, Canto,Juliana Lorensi do
Format: Digital revista
Language:English
Published: UFLA - Universidade Federal de Lavras 2010
Online Access:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0104-77602010000300002
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