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Supply and demand functions for global wood markets: Specification and plausibility testing of econometric models within the global forest sector

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  • Morland, Christian
  • Schier, Franziska
  • Janzen, Niels
  • Weimar, Holger

Abstract

Forests cover about one-third of the land surface on Earth. Currently, <7.5% of this forest area is defined as planted forest. Removals from planted forests are shown to be responsible for about 45% of the global industrial roundwood production. It is therefore of great importance to study how the production of roundwood from planted forests could potentially influence the production of roundwood from natural forests and the global wood markets in general.

Suggested Citation

  • Morland, Christian & Schier, Franziska & Janzen, Niels & Weimar, Holger, 2018. "Supply and demand functions for global wood markets: Specification and plausibility testing of econometric models within the global forest sector," Forest Policy and Economics, Elsevier, vol. 92(C), pages 92-105.
    • Handle: RePEc:eee:forpol:v:92:y:2018:i:c:p:92-105
    DOI: 10.1016/j.forpol.2018.04.003
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    Cited by:

    1. Miguel Riviere & Sylvain Caurla & Philippe Delacote, 2020. "Evolving Integrated Models From Narrower Economic Tools : the Example of Forest Sector Models," Post-Print hal-02512330, HAL.
    2. Schier, Franziska & Morland, Christian & Dieter, Matthias & Weimar, Holger, 2021. "Estimating supply and demand elasticities of dissolving pulp, lignocellulose-based chemical derivatives and textile fibres in an emerging forest-based bioeconomy," Forest Policy and Economics, Elsevier, vol. 126(C).
    3. Daigneault, Adam & Baker, Justin S. & Guo, Jinggang & Lauri, Pekka & Favero, Alice & Forsell, Nicklas & Johnston, Craig & Ohrel, Sara & Sohngen, Brent, 2021. "How the Future of the Global Forest Sink Depends on Timber Demand, Forest Management, and Carbon Prices," CEnREP Working Papers 340059, North Carolina State University, Department of Agricultural and Resource Economics.
    4. Borzykowski, Nicolas, 2019. "A supply-demand modeling of the Swiss roundwood market: Actors responsiveness and CO2 implications," Forest Policy and Economics, Elsevier, vol. 102(C), pages 100-113.
    5. Skjerstad, Svein H.F. & Kallio, A. Maarit I. & Bergland, Olvar & Solberg, Birger, 2021. "New elasticities and projections of global demand for coniferous sawnwood," Forest Policy and Economics, Elsevier, vol. 122(C).
    6. Lauri, Pekka & Forsell, Nicklas & Di Fulvio, Fulvio & Snäll, Tord & Havlik, Petr, 2021. "Material substitution between coniferous, non-coniferous and recycled biomass – Impacts on forest industry raw material use and regional competitiveness," Forest Policy and Economics, Elsevier, vol. 132(C).
    7. Shahi, Kabindra & Siry, Jacek & Bettinger, Pete & Li, Yanshu & Smith, Jonathan, 2023. "Estimating timber supply elasticity of private forest landowners in the US South," Forest Policy and Economics, Elsevier, vol. 154(C).
    8. Christian Morland & Franziska Schier, 2020. "Modelling Bioeconomy Scenario Pathways for the Forest Products Markets with Emerging Lignocellulosic Products," Sustainability, MDPI, vol. 12(24), pages 1-15, December.

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