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Table 1 Parameters of demand equations for end products

From: Modeling some long-term implications of CO2 fertilization for global forests and forest industries

 

Variable

  
 

ln(C −1)

ln(Y)

ln(P)

Fuelwood

0.78

0.10

−0.10a

 

(0.03)

(0.03)

 

Other industrial roundwood

0.78

−0.05

−0.10a

 

(0.02)

(0.02)

 

Sawnwood

0.56

0.14

−0.10

 

(0.02)

(0.02)

(0.02)

Plywood & veneer

0.56

0.24

−0.20

 

(0.02)

(0.02)

(0.02)

Particleboard

0.60

0.22

−0.28

 

(0.02)

(0.03)

(0.03)

Fiberboard

0.54

0.55

−0.26

 

(0.02)

(0.04)

(0.03)

Newsprint

0.53

0.11

−0.17

 

(0.02)

(0.02)

(0.02)

Printing and writing paper

0.52

0.31

−0.26

 

(0.02)

(0.02)

(0.03)

Other paper and paperboard

0.60

0.23

−0.09

 

(0.02)

(0.02)

(0.02)

  1. Notes: C −1 = annual consumption lagged one year,Y = Gross domestic product, P = price
  2. Standard errors in parentheses. aElasticity constrained to −0.10