Table 2 Original data set used for model...

Table 2

Original data set used for model analysis

Year	Ghana swan wood export vol. To China (m³)	Ghana timber product export val. To China (10000USD)	Ghana timber production volume (10000 m³)	China swan wood import volume (10000 m³)	Ghana cedi (GHC)/USD exchange rate	Ghana timber unit exp. Price (USD/m³)	Ghana’s GDP (billion USD)	China timber consumption in construction sector (10000 m³)
1997	32786.42	1071.9303	2581.0762	133.1473	0.20	696.67	6.89	5435
1998	14203.208	446.8325	2667.7359	169.03	0.23	411.35	7.48	5980
1999	14633.574	459.2844	2733.7907	275.64	0.27	401.26	7.72	6200
2000	13411.334	474.5495	2819.8457	361.37	0.54	351.3	4.98	7668.2
2001	10905.035	424.4529	2940.9105	403.41	0.72	354.68	5.31	7846.4
2002	8652.861	303.7254	3029.6088	548.37	0.79	376.49	6.17	8838.01
2003	4613.938	235.6142	3166.4142	559.81	0.87	454.81	7.63	8381.03
2004	4020.498	151.4664	3265.9033	605.17	0.90	475.68	8.88	10984.12
2005	4771.439	128.4379	3364.4547	605.42	0.91	469.74	10.73	9438.48
2006	5552.876	210.0313	3488.0530	615.31	0.92	474.58	20.41	8748.68
2007	5351.709	225.7764	3602.2900	655.78	0.94	477.36	24.76	9392.53
2008	2985.248	128.8740	3727.8400	718.18	1.06	461.47	28.53	8287.6
2009	5241.863	213.7130	3839.5781	993.52	1.41	451.27	25.98	11664.16
2010	13073.359	1392.2549	4025.3966	1481.22	1.43	471.74	32.17	10221.21
2011	12529.596	592.9904	4143.8647	2160.67	1.51	510.55	39.57	12801.08
2012	22427.725	1076.3514	4275.4470	2066.97	1.80	513.13	41.94	14347.39
2013	56202.859	3456.1587	4429.6188	2404.3	1.95	601.43	63.28	16283.29
2014	49367.239	2658.7064	4543.2574	2565.2	2.90	473.36	53.6	16566.62
2015	35896.147	2756.7160	4716.2427	2659.77	3.67	572.32	49.18	16768.96
2016	132022.13	9877.5260	4807.7347	3153	3.91	595.35	55.01	17315.25
2017	98913.898	8085.5480	4933.3768	3740	4.35	660.8	59	17273.68

Year	Ghana swan wood export vol. To China (m³)	Ghana timber product export val. To China (10000USD)	Ghana timber production volume (10000 m³)	China swan wood import volume (10000 m³)	Ghana cedi (GHC)/USD exchange rate	Ghana timber unit exp. Price (USD/m³)	Ghana’s GDP (billion USD)	China timber consumption in construction sector (10000 m³)
1997	32786.42	1071.9303	2581.0762	133.1473	0.20	696.67	6.89	5435
1998	14203.208	446.8325	2667.7359	169.03	0.23	411.35	7.48	5980
1999	14633.574	459.2844	2733.7907	275.64	0.27	401.26	7.72	6200
2000	13411.334	474.5495	2819.8457	361.37	0.54	351.3	4.98	7668.2
2001	10905.035	424.4529	2940.9105	403.41	0.72	354.68	5.31	7846.4
2002	8652.861	303.7254	3029.6088	548.37	0.79	376.49	6.17	8838.01
2003	4613.938	235.6142	3166.4142	559.81	0.87	454.81	7.63	8381.03
2004	4020.498	151.4664	3265.9033	605.17	0.90	475.68	8.88	10984.12
2005	4771.439	128.4379	3364.4547	605.42	0.91	469.74	10.73	9438.48
2006	5552.876	210.0313	3488.0530	615.31	0.92	474.58	20.41	8748.68
2007	5351.709	225.7764	3602.2900	655.78	0.94	477.36	24.76	9392.53
2008	2985.248	128.8740	3727.8400	718.18	1.06	461.47	28.53	8287.6
2009	5241.863	213.7130	3839.5781	993.52	1.41	451.27	25.98	11664.16
2010	13073.359	1392.2549	4025.3966	1481.22	1.43	471.74	32.17	10221.21
2011	12529.596	592.9904	4143.8647	2160.67	1.51	510.55	39.57	12801.08
2012	22427.725	1076.3514	4275.4470	2066.97	1.80	513.13	41.94	14347.39
2013	56202.859	3456.1587	4429.6188	2404.3	1.95	601.43	63.28	16283.29
2014	49367.239	2658.7064	4543.2574	2565.2	2.90	473.36	53.6	16566.62
2015	35896.147	2756.7160	4716.2427	2659.77	3.67	572.32	49.18	16768.96
2016	132022.13	9877.5260	4807.7347	3153	3.91	595.35	55.01	17315.25
2017	98913.898	8085.5480	4933.3768	3740	4.35	660.8	59	17273.68

Source(s): TIDD statistics, FAOSTAT statistics, China Forestry Publishing House statistics, World Dank data and China Forestry Statistics Book

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