• Title/Summary/Keyword: Fiberboard demand

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Analysis and Prediction of the Fiberboard Demand using VAR Model (VAR 모형에 의한 섬유판 수요 분석 및 예측)

  • Kim, Dongjun
    • Journal of Korean Society of Forest Science
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    • v.98 no.3
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    • pp.284-289
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    • 2009
  • This study estimated the fiberboard demand using VAR and econometric model, and compared the prediction accuracy of the two models. And the variance decomposition and impulse response were analyzed using VAR model, and predicted the fiberboard demand. The VAR model was specified with lagged dependent variable, lagged own price, lagged construction product, dummy. The econometric model was specified with own price, substitute price, construction product, dummy. The dummy variable reflected the abrupt decrease in fiberboard demand in the late 1990's. The results showed that the fiberboard demand prediction can be performed more accurately by VAR model than by econometric model. In the VAR model of fiberboard demand, after twelve months, the construction product change accounts for about fifty percent of variation in the demand, and the own price change accounts for about thirty percent of variation in the demand. On the other hand, the impact of a shock to the construction product is significant for about twelve months on the demand of fiberboard, and the impact of a shock to the own price is significant for about six months on the demand of fiberboard.

Environmental Assessments of Leachate from Medium Density Fiberboard in a Simulated Landfill

  • Lee, Min;Prewitt, Lynn;Mun, Sung Phil
    • Journal of the Korean Wood Science and Technology
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    • v.43 no.5
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    • pp.548-557
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    • 2015
  • This study investigated environmental assessments of leachate containing formaldehyde from medium density fiberboard (MDF) disposed in laboratory-scale simulated landfills. Environmental impact assessment of leachate was conducted by measuring formaldehyde, toxicity, biochemical oxygen demand (BOD), chemical oxygen demand (COD), bacterial enumeration, and pH. Amount of formaldehyde in leachate from MDF in soil decreased to the level of soil only treatment by 28 days, and toxicity decreased as the amount of formaldehyde decreased. BOD and COD levels in leachate from the treatments containing MDF exceeded permissible discharge levels of BOD or COD throughout the experimental period. The pH levels of all treatment were within permissible discharge range except on day 0. Fewer bacteria were observed in leachate from MDF in soil treatment than other treatments (MDF only, cured UF resin in soil, and soil only). Consequently, the leachate from disposal of MDF in soil detrimentally affect on environment. However, soil buffered formaldehyde leaching and pH on leachate in this study. Waste MDF may be required the pre-water soaking treatment for leaching formaldehyde to reclaim on land.

Outlook of Wood Products Markets with Supply and Demand Model (수급모형을 이용한 목제품 시장 전망)

  • Lee, Sang-Min;Kim, Kyeong-Duk;Song, Seong-Hwan;Bark, Ji-Eun
    • Journal of Korean Society of Forest Science
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    • v.103 no.3
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    • pp.462-472
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    • 2014
  • This study is aimed at developing a supply-demand model of wood products, and outlook for mid-term and long-term supply and demand for each products. The main wood products include sawnwood, plywood, particle board, fiberboard (MDF), and pulp. The partial equilibrium model is composed of supply function, import demand function, demand function, price relation function. With given parameters the outlook for year 2050 says that sawnwood, plywood, and fiberboard for domestic productions and imports are decreased. This may result from the increase of log prices from the inside and outside of the country because of the propensity for environment protection and the resource nationalism. On the other hand the supply of particle board and pulp will increase because they are made from wasted wood and chips.

Estimating Armington Substitution Elasticity between Domestic and Imported Wood Products in Korea (목제품 시장에서 국산품과 수입품의 아밍턴 대체 탄성치 추정)

  • Min, Kyung-Taek
    • Journal of Korean Society of Forest Science
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    • v.104 no.2
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    • pp.254-260
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    • 2015
  • This paper assesses the tariff reduction on imported wood products that will have impact on the demand for domestic wood products in South Korea, by estimating the Armington substitution elasticities based on the assumption that they are imperfect substitutes. Results indicate that domestic and foreign wood products are far from perfect substitutes to each other. The substitution elasticities in plywood and fiberboard appeared to be high, implying that tariff reduction may have negative effects on those industries. On the contrary, imported and domestic particleboard showed a low substitution elasticity. The decline of fiberboard industry may lead to the decline in forestry since fiberboard is produced mainly by thinned woods supplied from domestic forests. Therefore, effective countermeasures to enhance the competitiveness of wood products industry are needed to cope with the market opening.

A study on the supply-demand analysis and outlook for wood products (목제품 수급분석 및 전망에 관한 연구)

  • Lee, Sang-Min;Bark, Ji-eun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.6959-6968
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    • 2015
  • This study aims to update the supply-demand model of wood products(FOSMO-2013) and to forecast mid and long run supply and demand for each products. The subjects of the study include sawnwood, plywood, particle board, fiberboard(MDF), and pulp. The updated partial equilibrium model is composed of supply function, import demand function, demand function, price relation function. The long run outlooks of world prices of wood and wood products are imported from the results of Buongiorno(2012). This study also adopt Buongiorno's scenarios, which includes three scenarios of IPCC(A1B, A2, B2) and the other one with assumption of increasing fuelwood consumption of A1B scenario. The result says that the domestic productions of wood products are expecting to decrease while the imports of them increase even there are some differences among the products as well as scenarios.

Impacts of Tariff Reduction of Timber Products in Non-Agricultural Market Access on WTO/DDA Negotiations in Korea - based on the tentative agreements of WTO/DDA Negotiations - (WTO/DDA협상 NAMA분야의 목재류 관세감축 영향 분석 -잠정타협안을 중심으로 -)

  • Lee, Seong Youn;Jung, Byung-Heon
    • Journal of Korean Society of Forest Science
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    • v.98 no.4
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    • pp.417-425
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    • 2009
  • This study analyzed core issues addressed in the tentative agreement of WTO ministerial meetings held to finish WTO/DDA negotiations in Geneva in July 2008. The objectives of this study are to analyze changes in tariff reduction on timber products, and their influence on demand and supply of the items according to the modality of Non-Agricultural Market Access (NAMA) and to provide basic information for strategy formulation of our country for further WTO/DDA negotiations. The results indicate that there will not be significant changes in the tariff on sawnwood and on veneer sheets, however, the tariff on plywood need to be cut by around 50% from the applicable tariff rates of 2008 on condition that our country is in the position of developed countries. Therefore, the item of plywood is expected to be influenced greatly according to the change in tariff reduction. From the analysis of influence of tariff reduction on the demand and supply of timber products including sawnwood and wood based panels, such as plywood, particleboard, and fiberboard, the import quantities of the items are expected to be changed from 0.8% to 13.3% if our country is in the position of developed countries, however, they are expected to decline by 0.8%~44.3%, if our country is in the position of developing countries (22, coefficient for developing members).