Vol. 70 No. 3 (2015):
Articles

How much money grows on trees: case of Asian Region

PDF (Italiano)
  • Bilal Mehmood,
  • Abida Ramzan
Bilal Mehmood
GC University, Lahore, Pakistan
Abida Ramzan
GC University, Lahore, Pakistan
DOI: https://doi.org/10.4129/ifm.2015.3.01

Published 2015-10-23

Keywords

  • forestry products,
  • forest exports,
  • timber,
  • system GMM,
  • panel Granger causality,
  • sustainable forest management
    • ...More
    Less

Copyright (c) 2015 Italian Journal of Forest and Mountain Environments

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Abstract

Growth Empirics use novel factors of growth in latest research. We used such a factor in forestry. We investigated the causal relationship between forestry and economic growth for a sample of selected Asian countries. We used data on forest products and other relevant variables for the time period 2000-2012 using homogeneous slope panel data model system GMM estimator. Results show the presence of such causal relationship between forestry and economic growth. Existence of causality is also checked using Panel Granger causality between concerned variables.

PDF (Italiano)