The primary objective of the paper was to analyse how marginalisation affects profit efficiency, a secondary to identify and analyse some other possible inefficiency factors. In order to do this we estimated a translog restricted profit frontier function with an integrated inefficiency module....

The past decades have witnessed a dramatic increase in the demand for China’s wood products. However, a fast-growing demand for wood products and limited domestic timber resources has increased China’s dependence on imported wood. As a result, China has grown to be the most important player...

Based on a case study on agarwood and Aquilaria spp. in Lao P.D.R., NTFP commercialisation is analyzed through its effect on income distribution, and with a specific objective to trace out mechanisms by which different economic agents along the commodity chain, that is in harvesting, trade,...

Internationalization of operations constitutes an important part of the global forest industry integration process over recent decades. As a resource based industry, drivers of corporate expansion have been defined as both resource seeking and market seeking in the global context. China is...

Increasingly complex social and labor issues are becoming a major concern affecting Chinese companies in their pursuit of a growth and profitability. While disciplinary research has delved into basic facets of job satisfaction, less attention has been given to tackling the applicability of...

Forests have great importance for the Latvian economy, environment, landscape, flora and fauna. Forest sector contribution to the national GDP is 10…12 %, providing employment for 75…80 thousand people. In the paper was analysed accessible forest and wood resources in Latvia, forest...

An improvement in cost accounting (CA) is one of the most important elements of the development of modern logging industry in Russia. CA of wood harvesting is important for management and decision making; it provides necessary information for choosing the optimal method of wood harvesting and...

Political and economic development in Russia and other Eastern European countries have been the major driving force of the changing European markets for wood products since the early 1990s. However, very little is known about the organizational structure, strategic orientation and future goals...

The business environment for sawnwood producers based in the traditional forest-industry countries of the boreal zone has changed dramatically in the last decade. Among the greatest changes is the establishment of the European Monetary Union (EMU). However, the effect of the associated exchange...