Wood Demand and Supply Analysis for Non-Stationary Time Series and its Research Prospects in Japan (Academic Article)

  • HIGUMA Yuji
    筑波大学大学院理工情報生命学術院 森林総合研究所林業経営・政策研究領域
  • TACHIBANA Satoshi
    筑波大学生命環境系

Bibliographic Information

Other Title
  • 非定常時系列に対応した木材需給分析と日本におけるその展開方向(論文)

Description

We reviewed econometric research on wood demand and supply models in Japan and abroad focusing on non-stationary time series and considered the perspectives required for future research in Japan. In this paper, we reviewed peer-reviewed studies published in Japanese and English journals since 1993. The results showed that the studies focusing on Japan did consider non-stationary time series, but these studies were insufficient, such as only using annual data for their analyses. In contrast, studies focusing on some other countries used monthly and quarterly data and considered non-stationary time series by various methods. The research prospects of this research field in Japan are as follows: it is important to 1) use monthly and quarterly data, 2) adapt the simultaneous equations model of demand and supply to non-stationary time series, and 3) analyze wood imports considering the competitive relationship at the wood products level. Continuous efforts to solve the problems are needed in this research field.

Journal

  • FOREST ECONOMY

    FOREST ECONOMY 75 (9), 1-20, 2022

    FOREST ECONOMIC RESEARCH INSTITUTE

Details 詳細情報について

  • CRID
    1390576424444907776
  • DOI
    10.19013/rinrin.75.9_1
  • ISSN
    21896801
    03888614
  • Text Lang
    ja
  • Data Source
    • JaLC
  • Abstract License Flag
    Disallowed

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