Derived Demand and Substitution for Forest Products Based on Cobb-Douglas and CES Production Functions

Kallio MJ, Brannlund R, & Uutela E (1984). Derived Demand and Substitution for Forest Products Based on Cobb-Douglas and CES Production Functions. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-84-104

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Abstract

Standard production theory with Cobb-Douglas and CES production functions is applied to derive demand functions for forest products. Time-series data for 1961-1978 from Canadian construction sector is employed for estimation, and sensitivity of the demand forecast is tested with respect to the choice of the production function.

Item Type: Monograph (IIASA Working Paper)
Research Programs: Forest Sector Program (FSP)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:54
Last Modified: 21 Jul 2016 14:55
URI: http://pure.iiasa.ac.at/2414

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