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The Impact of Sustainable Forest Management (SFM) Practices on Primary Timber-Based Production in Peninsular Malaysia

Jurnal Ekonomi Malaysia

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Title The Impact of Sustainable Forest Management (SFM) Practices on Primary Timber-Based Production in Peninsular Malaysia
 
Creator Abd. Wahab, Noraida
Abdul Samad, Abdul Rahim
Haji Othman, Mohd Shahwahid
 
Subject Sustainable Forest Management Practices; Autoregressive Distributed Lagged (ARDL); sawn timber; veneer; plywood
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Description AbstractThis paper investigates the impact of Sustainable Forest Management (SFM) practices on primary timber-based production in Peninsular Malaysia that is complying with the SFM practice scenarios. We employ the Autoregressive Distributed Lagged (ARDL) Bounds Testing Approach to analyze time series data from 1980 to 2012. Four scenarios were investigated: (i) 24% reduction in the harvested area, (ii) 25% increase in the domestic price of commodities, (iii) 47% increase in input costs, and (iv) a combination of Scenarios i, ii, and iii. The results reveal that sawn timber production is positively affected by the SFM practices; these practices vary between veneer and plywood production. Consequently, the producer can enhance sawn timber production after imposing the SFM practice scenario. The SFM practice scenario would generate the sustainable growth of the timber-based industry and help to enhance Peninsular Malaysia’s forest conservation goals.Key words: Sustainable Forest Management Practices; Autoregressive Distributed Lagged (ARDL); sawn timber; veneer; plywoodAbstrakKertas ini mengkaji kesan amalan Pengurusan Hutan Lestari (SFM) kepada pengeluaran produk berasaskan kayu utama di Semenanjung Malaysia yang mematuhi senario amalan SFM. Kami menggunakan Augmented Distribution Lagged (ARDL) untuk menganalisis data siri masa dari tahun 1980 hingga 2012. Empat senario telah disiasat: (i) pengurangan 24% di kawasan yang dituai, (ii) peningkatan 25% dalam harga domestik komoditi , (iii) peningkatan 47% dalam kos input, dan (iv) penggabungan senario i, ii, dan iii. Keputusan menunjukkan bahawa pengeluaran kayu gergaji adalah positif dipengaruhi oleh amalan SFM; amalan-amalan ini berbeza-beza antara venir dan pengeluaran papan lapis. Oleh itu, pengeluar boleh meningkatkan pengeluaran kayu gergaji selepas mengenakan amalan senario SFM. Senario amalan SFM akan menjana pertumbuhan industri berasaskan kayu secara mampan dan membantu untuk meningkatkan matlamat pemuliharaan hutan Semenanjung Malaysia.Kata kunci: Amalan Lestari Pengurusan Hutan; Autoregressive Distributed Lagged (ARDL); kayu gergaji; venir; papan lapis
 
Publisher Universiti Kebangsaan Malaysia
 
Contributor —
 
Date 2018-01-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Identifier http://ejournal.ukm.my/jem/article/view/13606
 
Source Jurnal Ekonomi Malaysia; Vol 51, No 2 (2017): Jurnal Ekonomi Malaysia
0126-1962
 
Language en
 
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