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Potential impact of a transatlantic trade and investment partnership on the global forest sector

Author

Listed:
  • Joseph Buongiorno

    (Department of Forest and Wildlife Ecology - Research Institute for Forestry and Forest Ecology of Rhineland-Palatinate)

  • Paul Rougieux

    (EFI Central European Regional Office (EFICENT) - Observatory for European Forests (OEF) - EFI - European Forest Institute = Institut Européen de la Forêt = Euroopan metsäinstituutti)

  • Ahmed Barkaoui

    (LEF - Laboratoire d'Economie Forestière - INRA - Institut National de la Recherche Agronomique - AgroParisTech)

  • Shushuai Zhu

    (Department of Forest and Wildlife Ecology - Research Institute for Forestry and Forest Ecology of Rhineland-Palatinate)

  • Patrice Harou

    (EFI Central European Regional Office (EFICENT) - Observatory for European Forests (OEF) - EFI - European Forest Institute = Institut Européen de la Forêt = Euroopan metsäinstituutti)

Abstract

The effects of a transatlantic trade agreement on the global forest sector were assessed with the Global Forest Products Model, conditional on previous macroeconomic impacts predicted with a general equilibrium model. Comprehensive tariff elimination per se had little effect on the forest sector. However, with deeper reforms and integration consumption would increase twice as much in percent in the US as in the EU. Net trade decreased in the US more than in the EU while it increased in Asia. Consumers and producers' welfare increased by $7000 million in the EU and $14,000 million in the US, but decreased in some third countries, especially in Asia. (C) 2014 Department of Forest Economics, Swedish University of Agricultural Sciences, Umea. Published by Elsevier GmbH. All rights reserved.

Suggested Citation

  • Joseph Buongiorno & Paul Rougieux & Ahmed Barkaoui & Shushuai Zhu & Patrice Harou, 2014. "Potential impact of a transatlantic trade and investment partnership on the global forest sector," Post-Print hal-02632489, HAL.
    • Handle: RePEc:hal:journl:hal-02632489
    DOI: 10.1016/j.jfe.2014.07.001
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    References listed on IDEAS

    as
    1. Peter Egger & Michael Pfaffermayr, 2011. "Structural Estimation of Gravity Models with Path-Dependent Market Entry," FIW Research Reports series III-007, FIW.
    2. repec:wsr:ecbook:2011:i:iii-007 is not listed on IDEAS
    3. Oecd, 2005. "The Benefits of Liberalising Product Markets and Reducing Barriers to International Trade and Investment in the OECD," OECD Economics Department Working Papers 463, OECD Publishing.
    4. Joseph Francois & Miriam Manchin & Hanna Norberg & Olga Pindyuk & Patrick Tomberger, 2013. "Reducing Transatlantic Barriers to Trade and Investment: An Economic Assessment," IIDE Discussion Papers 20130401, Institue for International and Development Economics.
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    Citations

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    Cited by:

    1. Brusselaers, Jan & Buysse, Jeroen, 2021. "Legality requirements for wood import in the EU: Who wins, who loses?," Forest Policy and Economics, Elsevier, vol. 123(C).
    2. Buongiorno, Joseph & Johnston, Craig & Zhu, Shushuai, 2017. "An assessment of gains and losses from international trade in the forest sector," Forest Policy and Economics, Elsevier, vol. 80(C), pages 209-217.
    3. 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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    More about this item

    Keywords

    GFPM; forest sector; international trade; wood products; demand; supply; prices;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • L73 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Forest Products
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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