Abstract
Large-scale companies carry out forestry industry export activities. PT SLJ Global Tbk is one of the actors in this activity. The research’s objectives are to analyze the factors that affect the company's plywood exports and to identify the managerial policies of the company's plywood exports. This research uses secondary data in the form of monthly time series data form January 2014 to December 2020. The Error Correction Model (ECM) is used to analyze the factors that affect the company’s plywood export volume. The factors that have a positive and significant effect in the long-term model are the production volume and the previous period's production volume. The factors that have a positive and significant effect on the short-term model are production volume, export prices, international prices, and production volumes for the previous period. The managerial implications are increasing productivity, maintaining production stability, increasing plywood quality, and increasing export marketing. Suggestions for company are to maintain the stability of raw materials, innovate products, increase investment, require new markets, and analyze and evaluate marketing and its correlation with the company's production aspects.
Keywords: ECM, export, forestry, managerial, plywood
Authors
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).