Table 3 Combinations of econometric models considered in this study Model Combinations of econometric models 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 LANDSCP Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes – – – – – – – – – – – CAT1 Yes Yes Yes Yes Yes Yes Yes Yes – – – – – – – – – – STRUCT Yes Yes Yes Yes Yes Yes Yes – – – – – – – – – – – UNTREAT Yes Yes Yes Yes Yes Yes – – – – – – – – – – – RATIO_STRUCT Yes Yes Yes Yes Yes Yes Yes – – – – – – – – – – – RATIO_UNTREAT Yes Yes Yes Yes Yes Yes Yes Yes Yes – – – – – – – – – VEC_STRUCT Yes Yes Yes – – – – – – – – – – – – – – – VEC_UNTREAT Yes Yes – – – – – – – – – – – – – – – – Note: Models are as described in Table 2. indicates that the econometric model is included in a particular combination of models. Table C1 in Appendix C shows how forecasts for from ‘Yes’ various econometric models are combined to generate forecasts for each of the four wood product sales series.
Table 3 Combinations of econometric models considered in this study Model Combinations of econometric models 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 LANDSCP Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes – – – – – – – – – – – CAT1 Yes Yes Yes – – – – – – – Yes Yes Yes Yes Yes – – – STRUCT – Yes – Yes – – – Yes – – Yes – Yes – – Yes Yes – UNTREAT Yes – – – – – Yes Yes Yes Yes Yes – – – – – – RATIO_STRUCT – – – – Yes – – – Yes – – Yes Yes Yes – Yes – Yes RATIO_UNTREAT – – Yes Yes Yes – Yes Yes Yes Yes – – – Yes – Yes – – VEC_STRUCT – – – – – Yes – – – – – – – – – – Yes Yes VEC_UNTREAT – – – – – – – – – Yes – – – – Yes – – – Note: Models are as described in Table 2. ‘Yes’ indicates that the econometric model is included in a particular combination of models. Table C1 in Appendix C shows how forecasts for from various econometric models are combined to generate forecasts for each of the four wood product sales series.
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