Articles containing the keyword 'consumer'

This investigation studies the effect of the retail price and the technical properties of preference ordering of buyers of power saw. According to the model derived, the preference ordering of power saws is due to technical properties x_j. If no such restrictions in the function are supposed that could have bearing on the preferences of the buyers, there may be N ! possible combinations, when there are N power saws. If one can presume that each price corresponds with a technical level it is possible that each buyer has an optimum price of his own. The bigger the difference between the optimum and actual price, the less preferred the actual power saw is. In this case one may notice the amount of possible orderings is much less than that based on the model. Thus, the mode may be used.

In this paper some models are presented for cases when only n pieces of the population of N power saws are studied. 16 power saws of differing ages and technical levels were investigated. It was noted that many criteria of technical goodness were positively intercorrelated. The price correlated positively with every criterium used. According to the profile analysis, it was concluded that there were many development lines. For example, the idea of a light and the idea of an effective power saw.

According to the principal component analysis, it seemed obvious that there was little room for one- or two-dimensional preference ordering by the technical properties and price.

The PDF includes a summary in English.

• Kärkkäinen, E-mail: mk@mm.unknown

The process of capital accumulation in timber production has been examined in this study. A detailed explanation of new investment in forest industry in terms of productive capacity as the determinant of national forest policy target growing stock and silviculture is presented. The basis of the explanation of forest industry productive capacity was a linear vertically integrated input-output production model. The model was used to derive a macroeconomic equilibrium condition specifying forest sector aggregate demand as an integral part of the national economy. Timber production has been constructed as a state variable system and the Maximum Principle used to derive silvicultural investment criterion. The derivation of the investment criterion was formulated as a dynamic problem in a labour surplus economy with linkage between savings and choice of silvicultural technology defined via income distribution between wages and profit. Maximization of aggregate consumption was specified as the goal of timber production.

By assuming a state of sub-optimal savings rate, it is shown that the real cost of labour is not zero in a labour surplus economy. Because unemployment labour is not a free commodity, it is concluded that capital-intensive silvicultural technology represents an optimal means of maximizing aggregate consumption in labour surplus economy, contrary to the recommendation of social marginal productivity theory.

The PDF includes a summary in Finnish.

• Omwami, E-mail: ro@mm.unknown

• Wallius, European Forest Institute, Yliopistokatu 6 B, FI-80100, Joensuu, Finland; Jyväskylä University School of Business and Economics, P.O. Box 35, FI-40014 University of Jyväskylä, Finland https://orcid.org/0000-0003-2576-9994 E-mail: venla.j.wallius@jyu.fi
• Kunttu, University of Helsinki, Department of Forest Sciences, P.O. Box 4, FI-00014 University of Helsinki, Finland https://orcid.org/0000-0002-7298-3363 E-mail: janni.kunttu@helsinki.fi
• Hurmekoski, University of Helsinki, Department of Forest Sciences, P.O. Box 4, FI-00014 University of Helsinki, Finland https://orcid.org/0000-0001-8717-7287 E-mail: elias.hurmekoski@helsinki.fi
• Hujala, University of Eastern Finland, School of Forest Sciences, P.O. Box 111, FI-80101 Joensuu, Finland https://orcid.org/0000-0002-7905-7602 E-mail: teppo.hujala@uef.fi
• Nyrud, Norwegian University of Life Sciences, Faculty of Environmental Sciences and Natural Resource Management, P.O. Box 5003, NO-1432 Ås, Norway E-mail: anders.qvale.nyrud@nmbu.no
• Hoen, Norwegian University of Life Sciences, Faculty of Environmental Sciences and Natural Resource Management, P.O. Box 5003, NO-1432 Ås, Norway E-mail: hans.hoen@nmbu.no

Evaluation of product attributes and the overall quality significantly affect consumer purchasing decisions. Previous studies on wooden products have mostly addressed wood product quality from technical viewpoints, while largely disregarding environmental, social, and economic aspects in the assessments. Therefore, knowledge on how sustainability aspects are evaluated as a feature of wood product quality is narrow. This study investigated consumer perceptions of different quality indicators (i.e., quality cues and attributes) of wooden interior products with a special focus on sustainability and value chain phases. In addition, the connections between consumers’ sociodemographic background and their perceptions of the quality features of wooden interior products were evaluated. The material of the study was based on data gathered in 2018 with a postal survey sent to 1000 people living in Finland with a response rate of 25.6%. As methods of analysis, exploratory factor analysis, the Mann-Whitney U test, and the Kruskall-Wallis test were utilized. The results show that the quality indicators of wooden interior products can be grouped into four factors relating to products’ environmental friendliness, fit with lifestyle and home design, visual and tactile attractiveness, and technical solidity, which are in multiple ways connected with sustainability. The sociodemographic background of the respondents was found to be linked with consumer scores for those factors. Engaging consumers in sustainable consumption choices requires providing them with information on wooden product value chains that meets their individual needs in relation to their existing knowledge of those issues and individual values.
 

• Harju, University of Vaasa, School of Marketing and Communication, P.O. Box 700, FI-65200 Vaasa, Finland https://orcid.org/0000-0002-0432-2598 E-mail: charlotta.harju@uwasa.fi
• Lähtinen, Natural Resources Institute Finland (Luke), Bioeconomy and Environment Unit, P.O. Box 2, FI-00790 Helsinki, Finland https://orcid.org/0000-0001-6260-5062 E-mail: katja.lahtinen@luke.fi

Climate change sets high pressures on the construction industry to decrease greenhouse gas emissions. Due to the carbon storage properties and potential to use renewable resources efficiently, wooden multi-storey construction (WMC) is an interesting alternative for the construction industry to enhance sustainable development combined with the aesthetic and well-being benefits of wood perceived among many consumers. For forest industry firms, industrial wood construction is a possibility to seek for business opportunities and bring socio-economic benefits for local economies. Despite positive drivers, WMC still remains a niche even in the forest-rich countries.The purpose of our study is to add understanding on the WMC market development by conducting a systematic literature analysis on international peer-reviewed studies from the past 20 years. Our special focus is on the role of WMC in the housing markets studied from the perspectives of the demand, supply and local governance factors. As specific aims, we 1) synthesize the key barriers and enabling factors for the WMC market growth; 2) identify the actors addressed in the existing studies connected to the WMC market development, and 3) summarize research methods and analytical approaches used in the previous studies. As a systematic method to make literature searches in Web of Science and Scopus for years 2000–2020, we employed PRISMA guidelines. By using pre-determined keywords, our searches resulted in a sample of 696 articles, of which 42 full articles were after selection procedure included in-depth content analysis. Our results showed cost-efficiency gains from industrialized prefabrication and perceived sustainability benefits by consumers and architects enabled a WMC market diffusion. The lack of experiences on the WMC, and path dependencies to use concrete and steel continue to be key barriers for increased WMC. Although our research scope was the global WMC market development, most of the literature concerned the Nordic region. The key actors covered in the literature were businesses (e.g., contractors, manufacturers and architects) involved in the wood construction value-chains, while residents and actors in the local governance were seldomly addressed. Currently, case studies, the use of qualitative data sets and focus on the Nordic region dominate the literature. This hinders the generalizability of findings in different regional contexts. In the future, more research is needed on how sustainability-driven wood construction value-chains are successfully shaping up in different geographical regions, and how they could challenge the dominant concrete-based construction regime.

• Jussila, University of Helsinki, Department of Forest Sciences, P.O. Box 4, FI-00014 University of Helsinki, Finland E-mail: jaakko@jussila.fi
• Nagy, Swedish University of Agricultural Sciences, Department of Forest Economics, P.O. Box 7060, SE-750 07 Uppsala, Sweden E-mail: emil.nagy@slu.se
• Lähtinen, Natural Resources Institute Finland (Luke), Bioeconomy and environment, P.O. Box 2, FI-00791 Helsinki, Finland E-mail: katja.lahtinen@luke.fi
• Hurmekoski, University of Helsinki, Department of Forest Sciences, P.O. Box 4, FI-00014 University of Helsinki, Finland E-mail: elias.hurmekoski@helsinki.fi
• Häyrinen, Natural Resources Institute Finland (Luke), Bioeconomy and environment, P.O. Box 2, FI-00791 Helsinki, Finland E-mail: liina.hayrinen@luke.fi
• Mark-Herbert, Swedish University of Agricultural Sciences, Department of Forest Economics, P.O. Box 7060, SE-750 07 Uppsala, Sweden E-mail: cecilia.mark-herbert@slu.se
• Roos, Swedish University of Agricultural Sciences, Department of Forest Economics, P.O. Box 7060, SE-750 07 Uppsala, Sweden E-mail: anders.roos@slu.se
• Toivonen, University of Helsinki, Department of Forest Sciences, P.O. Box 4, FI-00014 University of Helsinki, Finland E-mail: ritva.toivonen@helsinki.fi
• Toppinen, University of Helsinki, Department of Forest Sciences, P.O. Box 4, FI-00014 University of Helsinki, Finland E-mail: anne.toppinen@helsinki.fi