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

Sang-Min Lee, Kyeong-Duk Kim, Seong-Hwan Song, Ji-Eun Bark
2014 Journal of Korean Forest Society  
This study is aimed at developing a supply-demand model of wood products, and outlook for midterm 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
more » ... uctions 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.
doi:10.14578/jkfs.2014.103.3.462 fatcat:qh5h2s5ttrgfxb2j5hrawxllua