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  • ThesisItemOpen Access
    STATISTICAL ANALYSIS OF PRICE FLUCTUATION IN TIMBER
    (UNIVERSITY OF AGRICULTURAL SCIENCES GKVK, BANGALORE, 2004) Basavarajaiah, D M; Bhat, A R S
    "For the present study Thithimathi Government Depot was selected as it is known for the valuable species such as Lagerstroemia lanceolata, Artocarpus hirsuta and Pterocarpus marsupium. Inspite of such fluctuations in price, interestingly no serious attempt has been made to analyse scientifically these changes and look for the reasons for such changes in price. Hence, it was thought that analysis of price fluctuation in timber would provide an insight into the reasons for such fluctuations, It is hoped that the identification of the causes would help the consumers as well as the suppliers in taking appropriate decisions. The demand for forest products is increasing, current demand for industrial wood is 27.9 m^ and the production is 12.8 m^. The precious natural wealth is contributing to plundered even today resulting in the degradation of forest. There has been steep rise in purchasing power of the people. Three notable timber of importance are Lagerstroemia lanceolata, Artocarpus hirsuta and Pterocarpus marsupium. .The secondary data was pertaining to full till the objectives of study. Trend vary with the species to species. For the Pterocarpus marsupium wood, the cyclical and seasonal variation was done completely absent it may be due to scarcity supply of wood. However, it increases or decreases over a period of time. CIB class of Artocarpus hirsuta was significantly differed from other. However, length and girth influences the price variation. Hedonic price analysis was employed to determine the value addition of characteristics of price variation in timber.. Time series analysis and CGR was used on original price data of three species like Lagerstroemia lanceolata, Artocarpus hirsutus and Pterocarpus marsupium to study the irregular variation in timber price movement."