Assessing demand for Russian wood on Asian-Pacific markets: methodical approaches

A.S. Lipin

Journal "Region: Economics and Sociology", 2007, vol. 2

Abstract: The forestry in Russia has experienced serious troubles since the early 1990s such as - the obsolescent capacities and the deteriorating infrastructure and resource base. All these are not much conducive to an investment inflow into the sector. Even the sector’s export orientation does not shift the situation – the permanently growing export had not brought the tangible gains and concomitant investments. The paper describes the state of affairs in the sector and the challenges to be addressed. A deep and quantitative analysis of the economic situation in the sector is required to be made to regard the centralization in the sector as an optimal and comprehensive way to solve its problems. The author considers the methodological approaches to modeling a market demand, and concludes that the flexible functional forms, i.e. the modified AIDS-models, proved to be the most advisable instrument of the quantitative description of demand for forestry products.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2007-2_8

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