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Eco-Economy: Utilization of Sapwood Scraps for Sustainable Economic Value in Communities

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  • Songwut Egwutvongsa

Abstract

The objective of this research was to design furniture products from the sapwood of teak trees aged between 7-14 years with lining up for planting. Moreover, the results of the newly developed furniture design were analyzed with a structural equation model from the required level for furniture products made from sapwood waste. The population comprised one hundred and two consumers of teak products who visited the exhibition from on 10th at Rajamangala University of Technology Isan in Nakhon Ratchasima Province. In addition, the sample group included eighty consumers of teak products who visited Exhibition on 10th using Krejcie & Morgan random sampling table and simple random sampling. In this case, the research tool was a structured questionnaire to be measured by using a 5-level Likert rating scale and a Cronbach's Alpha coefficient of 0.813. Accordingly, it was considered to be at a suitable level by using Confirmatory Factor Analysis (CFA) with the results shown as ?^2= 15.703, df = 32, relative ?^2= .491, p = .993, RMSEA = .000, RMR = .020, GFI = .967, AGFI=.920, NFI = .950, TLI = 1.137, CFI = 1.000. In this case, it can be concluded that the feelings that affect consumer demand for products consist of 4 main factors with the characteristics of the material, social currency factor, behavioral expression factor, and market demand factor, among others.

Suggested Citation

  • Songwut Egwutvongsa, 2023. "Eco-Economy: Utilization of Sapwood Scraps for Sustainable Economic Value in Communities," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 12, January.
    • Handle: RePEc:bjz:ajisjr:2342
    DOI: https://doi.org/10.36941/ajis-2023-0009
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    References listed on IDEAS

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    1. Sessin-Dilascio, Karla & Prager, Katrin & Irvine, Katherine N. & de Almeida Sinisgalli, Paulo Antonio, 2015. "The Dynamics of Co-Management and Social Capital in Protected Area Management—The Cardoso Island State Park in Brazil," World Development, Elsevier, vol. 67(C), pages 475-489.
    2. Aburaihan Intezar & Mohammad Ibrahim Sharaf & Abdul Malik Hakeemi, 2019. "The reasons of reduced carpet production in Afghanistan: A case study of Aqcha district," International Journal of Innovative Research and Scientific Studies, Innovative Research Publishing, vol. 2(4), pages 62-66.
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