Journal of Korean Society of Forest Science (한국산림과학회지)

Korean Society of Forest Science (한국산림과학회)
권호 표지

Causality of Forest Inventory and Roundwood Supply in Korea

  • Kim, Dong-Jun (Chungbuk National University) ;
  • Kim, Eui-Gyeong (Gyeongsang National University)
  • Received : 2006.03.24
  • Accepted : 2006.05.16
  • Published : 2006.10.30
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Abstract

This study confirmed econometrically the causality of forest inventory and roundwood supply using Korean data. In general, forest inventory is included as explanatory variable in roundwood supply function. We checked whether each series is stationary or not before using it in the model, and determined whether the combination of the series is comtegrated. The relationship between forest inventory and roundwood supply was represented by bivariate vector autoregressive model. The causality of forest evidence of the causal relationship between change in forest inventory and change in roundwood supply in Korea. That is, change in forest inventory does not cause change in roundwood supply in Korea. It seems reasonable not to include forest inventory as explanatory variable in roundwood supply function in Korea.

Keywords

References

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