The effects of log export ban (LEB) policy and dynamics of global tropical timber markets on the growth of Ghanaian timber industry were studied. The purpose was to follow the trend in the growth of timber industry from 1984 to 2005 using Fisher index and semi-log regression analysis. The study showed that the volume of plywood, veneer, and processed wood exported before the period of 1984-1995 and during the LEB policy (1996-2005) was, respectively, 6% and 46% of the total exports during those periods. On the contrary, the aggregate price index of all products exported before the LEB policy was up by 129% compared to −3.9% for the period during the LEB policy. A further decline in prices of the most products exported during the LEB policy was found by the study. Thus even though an LEB policy could increase volume share of value-added products, it cannot guarantee growth in prices of wood products.
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1 August 2009
Research Article|
August 01 2009
Effects of log export ban policy and dynamics of global tropical wood markets on the growth of timber industry in Ghana Available to Purchase
M. Amoah;
M. Amoah
Institute of Wood Utilisation and Work Science of the University of Freiburg
, Werthmannstr. 6, 79085 Freiburg, Germany
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G. Becker;
G. Becker
Institute of Wood Utilisation and Work Science of the University of Freiburg
, Werthmannstr. 6, 79085 Freiburg, Germany
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L. Nutto
L. Nutto
Institute of Wood Utilisation and Work Science of the University of Freiburg
, Werthmannstr. 6, 79085 Freiburg, Germany
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Corresponding author at: Faculty of Technology Education, University of Education, P.O. Box 1277, Kumasi, Ghana. Tel.: +4997612033808. E-mail address:martin.amoah@fobawi.uni-freiburg.de (M. Amoah).
Received:
January 02 2008
Accepted:
April 15 2008
Online ISSN: 1618-1530
Print ISSN: 1104-6899
© 2008 Elsevier GmbH
2008
Elsevier GmbH
Licensed re-use rights only
Journal of Forest Economics (2009) 15 (3): 167–185.
Article history
Received:
January 02 2008
Accepted:
April 15 2008
Citation
Amoah M, Becker G, Nutto L (2009), "Effects of log export ban policy and dynamics of global tropical wood markets on the growth of timber industry in Ghana". Journal of Forest Economics, Vol. 15 No. 3 pp. 167–185, doi: https://doi.org/10.1016/j.jfe.2008.04.001
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