Product |
Long-term |
|||||||||||||
GDP Group |
Price |
GDP |
Lag |
Price |
GDP |
R2 |
DW |
DF | ||||||
Fuelwood | ||||||||||||||
High |
-0.11 |
-0.45 |
0.70 |
-0.39 |
-1.51 |
0.86 |
2.36 |
643 | ||||||
0.13 |
0.17 |
* |
0.03 |
* |
0.45 |
0.57 |
* |
|||||||
Low |
-0.09 |
0.29 |
0.17 |
-0.11 |
0.35 |
0.91 |
2.01 |
453 | ||||||
0.10 |
0.21 |
0.05 |
* |
0.12 |
0.25 |
|||||||||
World |
-0.03 |
-0.26 |
0.59 |
-0.08 |
-0.63 |
0.88 |
2.31 |
1099 | ||||||
0.08 |
0.14 |
0.02 |
* |
0.20 |
0.34 |
|||||||||
Other Industrial Roundwood | ||||||||||||||
High |
0.01 |
-0.11 |
0.52 |
0.02 |
-0.24 |
0.95 |
2.12 |
537 | ||||||
0.05 |
0.11 |
0.04 |
* |
0.11 |
0.22 |
|||||||||
Low |
-0.10 |
0.13 |
0.74 |
-0.38 |
0.48 |
0.94 |
1.92 |
417 | ||||||
0.06 |
0.13 |
0.03 |
* |
0.23 |
0.49 |
|||||||||
World |
-0.06 |
0.07 |
0.67 |
-0.17 |
0.20 |
0.95 |
2.05 |
957 | ||||||
0.04 |
0.08 |
0.02 |
* |
0.12 |
0.26 |
|||||||||
Sawnwood | ||||||||||||||
High |
-0.10 |
0.14 |
0.54 |
-0.22 |
0.31 |
0.99 |
2.17 |
871 | ||||||
0.03 |
* |
0.03 |
* |
0.03 |
* |
0.07 |
* |
0.06 |
* |
|||||
Low |
-0.08 |
0.09 |
0.67 |
-0.23 |
0.28 |
0.95 |
1.99 |
1893 | ||||||
0.03 |
* |
0.03 |
* |
0.02 |
* |
0.09 |
* |
0.08 |
* |
|||||
World |
-0.08 |
0.10 |
0.66 |
-0.23 |
0.29 |
0.97 |
2.01 |
2767 | ||||||
0.02 |
* |
0.02 |
* |
0.01 |
* |
0.07 |
* |
0.06 |
* |
|||||
Veneer and Plywood | ||||||||||||||
High |
0.00 |
0.34 |
0.52 |
0.01 |
0.71 |
0.98 |
2.16 |
833 | ||||||
0.04 |
0.04 |
* |
0.03 |
* |
0.07 |
0.08 |
* |
|||||||
Low |
-0.18 |
0.47 |
0.36 |
-0.28 |
0.73 |
0.86 |
2.13 |
1241 | ||||||
0.05 |
* |
0.07 |
* |
0.03 |
* |
0.08 |
* |
0.11 |
* |
|||||
World |
-0.11 |
0.47 |
0.35 |
-0.16 |
0.73 |
0.93 |
2.13 |
1840 | ||||||
0.04 |
* |
0.05 |
0.02 |
0.06 |
* |
0.08 |
* |
|||||||
Particle Board | ||||||||||||||
High |
-0.44 |
0.72 |
0.05 |
-0.46 |
0.76 |
0.87 |
2.01 |
719 | ||||||
0.11 |
* |
0.12 |
* |
0.04 |
* |
0.12 |
* |
0.12 |
* |
|||||
Low |
0.11 |
0.05 |
0.73 |
0.41 |
0.19 |
0.89 |
2.13 |
415 | ||||||
0.07 |
0.14 |
0.04 |
0.26 |
0.54 |
||||||||||
World |
-0.06 |
0.40 |
0.36 |
-0.10 |
0.63 |
0.88 |
2.12 |
1137 | ||||||
0.06 |
0.10 |
* |
0.03 |
* |
0.09 |
0.15 |
* |
|||||||
Fibreboard | ||||||||||||||
High |
-0.18 |
0.22 |
0.66 |
-0.54 |
0.66 |
0.97 |
1.92 |
795 | ||||||
0.04 |
* |
0.05 |
* |
0.03 |
* |
0.12 |
* |
0.15 |
* |
|||||
Low |
0.00 |
0.46 |
0.62 |
0.00 |
1.22 |
0.81 |
2.15 |
479 | ||||||
0.06 |
0.10 |
* |
0.04 |
* |
0.16 |
0.24 |
* |
|||||||
World |
-0.10 |
0.30 |
0.65 |
-0.29 |
0.86 |
0.94 |
2.06 |
1277 | ||||||
0.03 |
0.05 |
* |
0.02 |
0.10 |
* |
0.14 |
* |
|||||||
Newsprint | ||||||||||||||
High |
-0.02 |
0.45 |
0.46 |
-0.03 |
0.82 |
0.98 |
2.12 |
833 | ||||||
0.04 |
0.04 |
* |
0.03 |
* |
0.07 |
0.07 |
* |
|||||||
Low |
-0.21 |
0.38 |
0.49 |
-0.41 |
0.76 |
0.95 |
2.00 |
1705 | ||||||
0.03 |
* |
0.04 |
* |
0.02 |
* |
0.05 |
* |
0.07 |
* |
|||||
World |
-0.16 |
0.39 |
0.49 |
-0.32 |
0.77 |
0.97 |
2.04 |
2541 | ||||||
0.02 |
* |
0.03 |
* |
0.02 |
* |
0.04 |
* |
0.05 |
* |
|||||
Printing and Writing Paper | ||||||||||||||
High |
-0.27 |
0.54 |
0.55 |
-0.61 |
1.19 |
0.99 |
1.95 |
833 | ||||||
0.04 |
* |
0.05 |
0.03 |
* |
0.09 |
* |
0.07 |
* |
||||||
Low |
-0.30 |
0.17 |
0.55 |
-0.66 |
0.37 |
0.95 |
2.14 |
1589 | ||||||
0.03 |
* |
0.03 |
0.02 |
* |
0.07 |
* |
0.06 |
* |
||||||
World |
-0.30 |
0.22 |
0.57 |
-0.70 |
0.50 |
0.97 |
2.13 |
2425 | ||||||
0.03 |
* |
0.02 |
0.02 |
* |
0.06 |
* |
0.05 |
* |
||||||
Other Paper and Paperboard | ||||||||||||||
High |
-0.13 |
0.26 |
0.60 |
-0.32 |
0.66 |
0.99 |
2.05 |
829 | ||||||
0.02 |
* |
0.03 |
* |
0.03 |
* |
0.06 |
* |
0.05 |
* |
|||||
Low |
-0.24 |
0.27 |
0.33 |
-0.36 |
0.41 |
0.93 |
2.15 |
2117 | ||||||
0.03 |
* |
0.03 |
* |
0.02 |
* |
0.05 |
* |
0.05 |
* |
|||||
World |
-0.23 |
0.29 |
0.35 |
-0.35 |
0.44 |
0.96 |
2.15 |
2949 | ||||||
0.03 |
* |
0.03 |
* |
0.02 |
* |
0.04 |
* |
0.04 |
* |
DW = Durbin - Watson statistic, FD = degrees of freedom, italic=standard error, *=significant at 5% level.
1994-2000 |
2001-2005 |
2006-2010 | |
Africa |
3.94 |
4.03 |
4.03 |
Algeria |
3.47 |
3.61 |
3.61 |
Angola |
2.93 |
5.00 |
5.00 |
Benin |
4.28 |
6.30 |
6.30 |
Botswana |
6.23 |
6.50 |
6.50 |
Burkina Faso |
4.14 |
4.87 |
4.87 |
Burundi |
4.41 |
4.76 |
4.76 |
Cameroon |
4.86 |
3.86 |
3.86 |
Cape Verde |
6.82 |
7.28 |
7.28 |
Central African Republic |
3.62 |
3.65 |
3.65 |
Chad |
4.05 |
4.89 |
4.89 |
Congo, Rep. of |
5.54 |
3.52 |
3.52 |
Congo, Dem. Rep. of |
5.00 |
5.00 |
5.00 |
Côte d'Ivoire |
5.40 |
5.10 |
5.10 |
Djibouti |
2.70 |
3.19 |
3.19 |
Egypt |
3.89 |
3.60 |
3.60 |
Equatorial Guinea |
2.15 |
4.26 |
4.26 |
Ethiopia |
5.59 |
5.82 |
5.82 |
Gabon |
2.12 |
4.40 |
4.40 |
Gambia |
2.48 |
4.26 |
4.26 |
Ghana |
5.43 |
5.56 |
5.56 |
Guinea |
4.48 |
4.54 |
4.54 |
Guinea-Bissau |
4.99 |
6.00 |
6.00 |
Kenya |
4.11 |
5.52 |
5.52 |
Lesotho |
6.53 |
7.52 |
7.52 |
Liberia |
0.14 |
0.82 |
0.82 |
Libyan Arab Jamahiriya |
2.00 |
3.00 |
3.00 |
Madagascar |
3.33 |
4.29 |
4.29 |
Malawi |
2.99 |
2.74 |
2.74 |
Mali |
4.68 |
5.52 |
5.52 |
Mauritania |
3.47 |
3.54 |
3.54 |
Mauritius |
6.89 |
7.17 |
7.17 |
Morocco |
5.67 |
4.54 |
4.54 |
Mozambique |
5.00 |
5.50 |
5.50 |
Niger |
4.96 |
5.13 |
5.13 |
Nigeria |
3.52 |
3.63 |
3.63 |
Reunion |
6.00 |
5.00 |
5.00 |
Rwanda |
5.13 |
5.77 |
5.77 |
Sao Tome and Principe |
5.92 |
5.98 |
5.98 |
Senegal |
4.65 |
5.75 |
5.75 |
Sierra Leone |
0.63 |
6.13 |
6.13 |
Somalia |
1.60 |
1.94 |
1.94 |
South Africa |
3.12 |
3.04 |
3.04 |
Sudan |
3.48 |
3.09 |
3.09 |
Swaziland |
4.53 |
7.87 |
7.87 |
Tanzania, United Republic |
4.85 |
5.14 |
5.14 |
Togo |
6.31 |
6.95 |
6.95 |
Tunisia |
5.38 |
4.83 |
4.83 |
Uganda |
6.53 |
6.09 |
6.09 |
Zambia |
3.73 |
3.02 |
3.02 |
Zimbabwe |
5.21 |
5.14 |
5.14 |