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Wood import and export and its relation to major macroeconomics variables in Iran

Author

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  • Mohammadi Limaei, Soleiman
  • Heybatian, Roghayeh
  • Heshmatol Vaezin, Seyed Mahdi
  • Torkman, Javad

Abstract

The aim of this research is to study the import and export of wood in Iran and determine its relation with major macroeconomics variables such as population, Gross Domestic Product (GDP), world oil price and the amount of domestic wood production. Multivariable Regression analysis (MRA) was employed in order to investigate the relation between import and export of wood with the above mentioned variables. The results showed that there is a significant relation with significant level of 5% between wood import as a dependent variable and population, GDP and the amount of domestic wood production as independent variables. There was also a significant relation between wood export and population, GDP, amount of domestic wood production, and world oil price. Time series analysis and autoregressive procedure were then used to predict the export and import of wood. Results showed that it is possible to predict the wood export via a first order autoregressive model. The mean of the wood export in the distant future was calculated to be 2133.37Â tons per year.

Suggested Citation

  • Mohammadi Limaei, Soleiman & Heybatian, Roghayeh & Heshmatol Vaezin, Seyed Mahdi & Torkman, Javad, 2011. "Wood import and export and its relation to major macroeconomics variables in Iran," Forest Policy and Economics, Elsevier, vol. 13(4), pages 303-307, April.
    • Handle: RePEc:eee:forpol:v:13:y:2011:i:4:p:303-307
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    Citations

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    Cited by:

    1. B. Sotoudeh Foumani & S. Mohammadi Limaei & T. Rostami Shahraji, 2016. "Investigation of wood production and trading in Iran," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 62(9), pages 407-412.
    2. Bosupeng, Mpho, 2015. "On Exports and Economic Growth-Multifarious Economies Perspective," MPRA Paper 77922, University Library of Munich, Germany, revised 2015.
    3. Bosupeng, Mpho, 2015. "The Export-Led Growth Hypothesis: New Evidence and Implications," MPRA Paper 77917, University Library of Munich, Germany, revised Jun 2015.
    4. Khosravi, Sheyda & Maleknia, Rahim & Adeli, Kamran & Mohseni, Reza & Hodges, Donald G., 2018. "The effects of globalization on the imports of wood products in Iran," Journal of Forest Economics, Elsevier, vol. 32(C), pages 116-122.
    5. Yin, Zhonghua & Wang, Fang & Gan, Jianbang, 2020. "Spatial spillover effects of global forest product trade," Forest Policy and Economics, Elsevier, vol. 113(C).
    6. Kolo, Horst & Tzanova, Polia, 2017. "Forecasting the German forest products trade: A vector error correction model," Journal of Forest Economics, Elsevier, vol. 26(C), pages 30-45.

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