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Browsing by Subject "demand"

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  • Wan, Minli (2009)
    China's primary wood processing industry and wood consuming sectors have experienced rapid growth in recent years. Industries like sawnwood and plywood have developed very quickly. The purpose of this study is to: 1) provide an overview of the demand, supply, imports and exports of raw wood and primary wood products in the China market between 1993 and 2007, 2) present quantitative estimates of the relative importance of factors influencing the demand, supply and exports of Chinese plywood, 3) draw conclusions about China's potentials and challenges for foreign enterprises, including Finnish companies. The information, analyses and findings presented in this study can give a reference for wood processing companies, especially for sawnwood and plywood firms, and governmental agencies in China. In addition, the study provides a basis for further study and research. Even though much information has been published in China, academic research in the Chinese woodworking market is scarce, and especially, time-series data is missing and unreliable. This study tries to fill this gap. It is based on secondary data collected from various sources, including literatures, journals, magazines, consulting reports, industry analysis, news, and so on. The annual time-series data obtained for variables in models are mainly gathered from original official Chinese sources. The study increases the information and understanding on the Chinese wood products markets by using descriptive and explanatory methods to analyze the data for background information, markets and empirical modeling. By employing econometric models, based on the elasticity estimates, Chinese plywood demand seems to be income elastic but price inelastic, Chinese plywood supply would be highly elastic with raw material price but scale inelastic, and Chinese plywood exports appear to be highly income elastic.
  • Piipponen, Johannes (2017)
    This paper focuses on meat consumption patterns in Finland. Empirical analysis for this paper was based on the micro data of three Household Budget Surveys: 1998, 2006 and 2012. A censored linear approximation of the almost ideal demand system (LA-AIDS) model was employed in the study. The major outcomes of the study were the demand expenditure and price elasticities that were obtained from the parameter estimates of five different meat products. Since the data lacked price information, unit values were used as a price substitutes, which gave some insights into quality-quantity upgrading. According to the results, pork expenditure was elastic and thus was luxury good during the study period, whereas ruminant meat and poultry were luxuries only in 2000s. In addition, the price of a good, household size, and income had a large influence on meat consumption. Additionally, other factors (such as age) affected the portion of the budget that was allocated to meat products. In order to obtain more information relating to the food sector, further research concerning disaggregate demand would be needed.
  • Piipponen, Johannes (2017)
    This paper focuses on meat consumption patterns in Finland. Empirical analysis for this paper was based on the micro data of three Household Budget Surveys: 1998, 2006 and 2012. A censored linear approximation of the almost ideal demand system (LA-AIDS) model was employed in the study. The major outcomes of the study were the demand expenditure and price elasticities that were obtained from the parameter estimates of five different meat products. Since the data lacked price information, unit values were used as a price substitutes, which gave some insights into quality-quantity upgrading. According to the results, pork expenditure was elastic and thus was luxury good during the study period, whereas ruminant meat and poultry were luxuries only in 2000s. In addition, the price of a good, household size, and income had a large influence on meat consumption. Additionally, other factors (such as age) affected the portion of the budget that was allocated to meat products. In order to obtain more information relating to the food sector, further research concerning disaggregate demand would be needed.
  • Sinkkilä, Suvi-Maaria (2009)
    The paper industry environment is going through changes. Traditionally in the Western Europe and the North America the paper consumption has increased along with the economic and population growth. Despite the growth of these indicators, the newsprint consumption in North America has been declining since the late 1980's and the magazine paper consumptions have also started to decline. Also in the Western Europe signs of maturing can be seen. The paper consumption growth is assumed to be happening elsewhere. The purpose of this study is to estimate potential magazine paper consumption of three different socio-economic environments up to 2020. In this study the focus was on three country groups, clusters, which the assignment company had formed with grouping analysis. In the theoretical background of the study the previous studies of paper demand and the methods used were examined. Also the paper grades and their end-uses were studied. The empirical part of this study was conducted by using both quantitative and qualitative analysis. Trend-analysis was used in quantitative part and PESTE-analysis was used in qualitative part. Through these analysis the key drivers of each cluster where identified and the development trend of consumption was estimated with the help of the analysis and the lifecycle model used by the company. Based on the socio-economic factors, the consumption is on a positive growth track but the speed of the growth cannot be estimated due to the influence of media substitution among others.