Deforestation and poverty in developing countries are critical ongoing issues. Forests provide a broad spectrum of benefits and services to millions of people, and more than $14 billion has been globally spent on the Forestry Official Development Assistance 2000-2019. The purpose of this study was to empirically analyze the effect of forestry ODA on the economic development and forest conservation policies of 87 major recipient countries, using panel data from the OECD DAC CRS, and the World Bank WBI 2003-2018. Herein, fixed effect and random effect models were applied, to 1,392 observed panel data using the R software. Results are as follow. First, results show that the forestry ODA has a positive and statistically significant effect on forest conservation. The higher the forest-dependent country, the greater the positive effect. On the other hand, the forestry ODA does not have a positive effect on the economic development of the recipient country. As the positive effect of the forestry, ODA has been verified; it is necessary to continuously increase international cooperation projects as well as financial support, in line with these international trends. Additionally, results suggest a joint and integrated project with the agriculture as well as forestry sectors because forest areas and farmlands area have a close negative ( ) relationship. Thus, the results provide substantial evidence for supporting as well as establishing, a solid momentum of international cooperation policies in the forest sector.

The research model of panel data analysis in this study was used as the dependent variables and the business characteristics of the welding industry were reflected in the research model for systematic analysis of the effect of welding technology on the welding industry. As a result of the existing research, the domestic welding technology is seriously encroaching on the domestic welding industry between the United States, Japan and China. There is no quantitative statistical analysis on this aspect. In this study, the panel data analysis is used to indicate differences in explanatory power by numerical values of POLS model, fixed effect and random effect. And the prior studies on the current status of welding industry related to arc welding, special welding, multiple welding, welding and bonding technology are applied by the panel data analysis. Therefore, the problems of existing research are diagnosed while presenting the future research directions.