TAILIEUCHUNG - Determining suitable investment areas for the forest products industry: An example from the Black Sea region in Turkey

Investment decisions and regional development are significant for economic development and the welfare of society. The most suitable decision should be made by using multivariable statistical techniques in both public and private sector investments, because various factors may affect such investments. | Turk J Agric For 28 (2004) 281-289 © TÜB‹TAK Determining Suitable Investment Areas for the Forest Products Industry: an Example from the Black Sea Region in Turkey Kadri Cemil AKYÜZ*, ‹lker AKYÜZ, Hasan SER‹N, Hicabi CINDIK Karadeniz Technical University, Forestry Faculty, 61080, Trabzon - TURKEY Received: Abstract: Investment decisions and regional development are significant for economic development and the welfare of society. The most suitable decision should be made by using multivariable statistical techniques in both public and private sector investments, because various factors may affect such investments. In this study the aim was to direct the preferences of private sector investments in the forest products industry in the Black Sea region, which lags behind the other regions from the point of view of economic development and has an unstable development situation. With this aim, cities with advantages and investment priorities were determined. Principal component analysis (PCA) was used. The data obtained at the end of this analysis were used in ordering the cities, with the help of the statistics, determined as priority investment regions due to their having lower and more extreme points than the other cities in the analyses. Key Words: Investment priority, Forest products industry, Black Sea region Orman Ürünleri Sanayi Alan›nda Uygun Yat›r›m Alanlar›n›n Belirlenmesi: Karadeniz Bölgesi Örne¤i Özet: Yat›r›m karar›, bölgesel geliflim, ekonomik kalk›nma ve toplum refah› için önemlidir. Gerek kamu ve gerekse özel sektör yat›r›mlar›n›n yönlendirilmesinde, yat›r›m› etkileyecek bir çok faktör oldu¤undan dolay›, çok boyutlu istatistiki yöntemlerin kullan›lmas› ile en uygun karar›n verilmesi gerekmektedir. Bu çal›flmada ekonomik geliflme seviyesi bak›m›ndan di¤er bölgelerin gerisinde kalan ve dengesiz bir kalk›nma ortam›na sahip olan Karadeniz Bölgesinde önemli a¤›rl›¤a sahip olan orman ürünleri sanayi alan›nda özel sektörün yat›r›m tercihlerinin

• Nông nghiệp
• Investment priority
• Forest products industry
• Black Sea region
• Principal component analysis
• Eigenvalue criterion
• Consumer behaviour through attitude
• Financial investment instruments
• Interval entropy Approach
• Semantic differential scaling
• Multi attribute behavioural environment
• China FDI in Vietnam after twenty years
• China FDI in Vietnam
• Foreign direct investment
• China and Vietnam
• National interest the priority
• Improve capacity and manner
• Investment incentive
• Tax incentives
• Financial incentives
• Priority regions for development
• Small and Medium enterprises