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1984 YEAR Produced annual rate Apparent domestic consumption autocorrelated Balance billion Branch 1984 Figure building boards business cycle Canada Canadian consumption projections Canadian Forestry Service CFS Economics Branch consumption function consumption of forest consumption of lumber consumption of softwood culture paper decline demand distributed lag disturbance term dummy variable representing economic activity Economics Branch 1984 end-use estimated forest products future consumption gross domestic product gross national product growth in consumption growth rate hardwood lumber consumption hardwood plywood illustrates the change increased Industrial Bond Rate Informetrica Ltd level of consumption LnGNP logarithim of real Long-Term Industrial Bond measure of economic million cubic metres natural logarithim nonresidential construction OPTIMISTIC panel products paper and paperboard paper consumption particleboard percent PESSIMISTIC projection methodology R-Square adjusted rate of growth real gross domestic residential construction RGDP Lag scenarios softwood plywood structural changes substitution t-statistics throughout the 1960s total panel waferboard wrapping paper