Volume 20
Issue 4/volume20
Economics
JOURNAL OF
POLISH
AGRICULTURAL
UNIVERSITIES
DOI:10.30825/5.ejpau.42.2017.20.4, EJPAU 20(4/volume20), #15.
Available Online: http://www.ejpau.media.pl/volume20/issue4/volume20/abs-15.html
WOOD SUPPLY VARIABILITY
DOI:10.30825/5.EJPAU.42.2017.20.4
Przemysław Suchodolski, Marcin Idzik
Faculty of Economic Sciences, Warsaw University of Life Sciences – SGGW, Poland
ABSTRACT
The study deals with the issue of wood supply variability in Poland illustrated with an example of the Płock Forest District. The aim of this paper was to identify and evaluate the supply variability of the selected wood assortment. According to the rules of time series decomposition based on the CENSUS II X-11 method, eight wood types were tested. Data came from the Płock Forest District collected from 2004 to 2014 in monthly intervals. Based on the conducted study, it was found that wood supplies in the Płock Forest District are not characterized by a clear share of systematic changes, trends and cycles. The results of this study have shown a significant impact of the seasonal and accidental fluctuations on timber prices. The trends and cycles were irrelevant for all 8 assortments. The dynamics of seasonal fluctuations were different depending on the assortment. Seasonal fluctuations had the biggest influence on wood supply of most of the tested assortments. The analysis has shown that there were also a lot of random fluctuations, which had a high amplitude of deviations.
Key words: National Forest Holding, trend, cycle, seasonal fluctuations, random fluctuations, multiannual management plan.
Przemysław Suchodolski
Faculty of Economic Sciences, Warsaw University of Life Sciences – SGGW, Poland
161 Nowoursynowska Str.
02-787 Warsaw
Poland
email: przemyslaw_suchodolski@sggw.pl
Marcin Idzik
Faculty of Economic Sciences, Warsaw University of Life Sciences – SGGW, Poland
161 Nowoursynowska Str.
02-787 Warsaw
Poland
email: marcin_idzik@sggw.pl
Responses to this article, comments are invited and should be submitted within three months of the publication of the article. If accepted for publication, they will be published in the chapter headed 'Discussions' and hyperlinked to the article.