An economic analysis with emphasis on stochastic evaluation of the structural and marketing changes of the Oregon millwork industry Public Deposited

http://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/ft848s52c

Descriptions

Attribute NameValues
Creator
Abstract or Summary
  • Recently, the millwork industry in Oregon, an important consumer of pine lumber produced in this region, has undergone a series of changes which have seemingly affected its structure and marketing organization. The principal purpose of this study is to explain these changes in terms of economic analysis and to find out whether they can be supported by the results of stochastic tests. In the analytical part of the study a very close look is given to the competitive characteristic of the industry and although some trend towards integration and concentration has been detected the industry could still be regarded largely as competitive and labour intensive. Further analytical investigation is concerned with the industrial efficiency in utilization of scarce resources, labour in particular. The results show that labour productivity for the aggregate industry did not register any gains during the period under observation. However, when arranged in size-groups, firms revealed different performance: medium-size plants noted substantial increases in productivity, while the large and the small plants did not do as well. In the part concerned with stochastic evaluation the functional interrelationship among various factors influencing the product market is tested with two models; a single multiple regression equation and the four simultaneous equations. Both models are fairly accurate in respect of their predictive capacity but reveal a weakness in the linkage between the sales of millwork products and construction activities. Another central topic in stochastic evaluation is the application of the Markov principle to the process of the evolution of firm sizes over a certain time period. It has provided an insight into the transitional movements of firms and spotlighted the long term shift within the industry's structure towards the medium and large size units. The study raises a question of the adequacy of any single method of analysis, in providing a solution to some specific problems. It attempts to demonstrate the importance of stochastic techniques in strengthening the traditional economic analysis and points out the pitfalls of relying solely on one method in explaining even relatively simple economic phenomena.
Resource Type
Date Available
Date Issued
Degree Level
Degree Name
Degree Field
Degree Grantor
Commencement Year
Advisor
Academic Affiliation
Non-Academic Affiliation
Subject
Rights Statement
Language
Digitization Specifications
  • Master files scanned at 600 dpi using Ikon Image Runner 8500. File saved using Adobe Acrobat Professional ver. 8
Replaces
Additional Information
  • description.provenance : Submitted by Patricia Black (patricia.black@oregonstate.edu) on 2009-08-04T21:54:24Z No. of bitstreams: 1 Bandrowski_Stefan_S_1974.pdf: 5657356 bytes, checksum: 95bd59cb9176d5e18f63db145c20445d (MD5)
  • description.provenance : Approved for entry into archive by Patricia Black(patricia.black@oregonstate.edu) on 2009-09-29T15:55:24Z (GMT) No. of bitstreams: 1 Bandrowski_Stefan_S_1974.pdf: 5657356 bytes, checksum: 95bd59cb9176d5e18f63db145c20445d (MD5)
  • description.provenance : Approved for entry into archive by Patricia Black(patricia.black@oregonstate.edu) on 2009-09-29T15:54:31Z (GMT) No. of bitstreams: 1 Bandrowski_Stefan_S_1974.pdf: 5657356 bytes, checksum: 95bd59cb9176d5e18f63db145c20445d (MD5)
  • description.provenance : Made available in DSpace on 2009-09-29T15:55:24Z (GMT). No. of bitstreams: 1 Bandrowski_Stefan_S_1974.pdf: 5657356 bytes, checksum: 95bd59cb9176d5e18f63db145c20445d (MD5)

Relationships

In Administrative Set:
Last modified: 08/01/2017

Downloadable Content

Download PDF
Citations:

EndNote | Zotero | Mendeley

Items