Calibrating and Updating the Global Forest Products Model (GFPM version 2014 with BPMPD)

Joseph Buongiorno; Shushuai Zhu

Calibrating and Updating the Global Forest Products Model (GFPM version 2014 with BPMPD)

Informally Refereed

Authors:

Joseph Buongiorno, Shushuai Zhu

Year:

2014

Type:

Scientific Journal

Station:

Southern Research Station

Source:

Staff Paper Series #81. Department of Forest and Wildlife Ecology, University of Wisconsin-Madison.

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Abstract

The Global Forest Products Model (GFPM) is an economic model of global production, consumption, and trade of forest products. An earlier version of the model is described in Buongiorno et al. (2003). The GFPM 2014 has data and parameters to simulate changes of the forest sector from 2010 to 2030. Buongiorno and Zhu (2014) describe how to use the model for simulation. Like the simulation procedures, the base-year calibration procedure described here uses the BPMPD optimizer (Mészáros 1999) to represent market equilibria

Citation

Buongiorno, J., S. Zhu. 2014. Calibrating and updating the Global Forest Products Model (GFPM version 2014 with BPMP). Staff Paper Series #81. Department of Forest and Wildlife Ecology, University of Wisconsin-Madison, 29 p.