@article{Patil:206328,
      recid = {206328},
      author = {Patil, Kiran Kumar R. and Manjunatha, G.R. and  Chandrakanth, M.G.},
      title = {Economic Impact of Institutions on the Consumption of  Forest Products in India},
      journal = {Indian Journal of Agricultural Economics},
      address = {2013},
      number = {902-2016-66706},
      pages = {14},
      year = {2013},
      abstract = {The paper analyses the impact of forest institutions and  economic liberalisation of the 1990s on the
consumption of  forest products and in turn on forest conservation. It is  hypothesised that the forest
institutions (1) Forest  Conservation Act of 1980, and (2) National Forest Policy of  1988, (3) the economic
liberalisation and (4) real gross  national product (GNP) have perceptible influence on the  consumption of
forest products and forest conservation. The  time series data on apparent consumption of forest  products
(production plus imports minus exports) as  detailed in the FAO Yearbook of Forest Products and the  real
GNP from 1971 to 2009 form the data base for this  study. The transcendental and quadratic  consumption
functions are used to derive income elasticity  of consumption for various forest products of India  using
time series data from 1971 to 2009. The results  indicate that the impact of both forest and  economic
institutions has led to increase in the  consumption of 14 forest products forming 67 per cent (of  21 forest
products). For these products the imports are  substantial and are the prima facie indicators of the role  of
economic institution such as liberalisation, which lead  to substantial imports and reduced domestic
supplies due to  institution of forest conservation.},
      url = {http://ageconsearch.umn.edu/record/206328},
      doi = {https://doi.org/10.22004/ag.econ.206328},
}