engleski

TRENDS IN PRODUCTION OF INDUSTRIAL ROUND WOOD IN CROATIA AND SURROUNDING COUNTRIES

On the basis of established values for period 1993-2013, in this paper we discuss a possibility to predict trends in production of industrial round wood in Croatia and surrounding countries. The data of production values of industrial round wood through analyzed period are gathered from Croatian Bureau of Statistics and FAO base. In order to predict the future trends of industrial round wood production for Croatia and surrounding countries, dynamic economic analysis of time series data was performed. Prediction is limited to year 2020, because of turbulences in this market and the length of analyzed time series.

industrial round wood; production; time series models; forecasting

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