Global modelling to predict timber production and prices: the GFPM approach

Joseph Buongiorno

doi:10.1093/forestry/cpu047

Global modelling to predict timber production and prices: the GFPM approach

Formally Refereed

Authors:

Joseph Buongiorno

Year:

2014

Type:

Scientific Journal

Station:

Southern Research Station

DOI:

https://doi.org/10.1093/forestry/cpu047

Source:

Forestry 88, 291–303

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Abstract

Timber production and prices are determined by the global demand for forest products, and the capability of producers from many countries to grow and harvest trees, transform them into products and export. The Global Forest Products Model (GFPM) simulates how this global demand and supply of multiple products among many countries determines prices and attendant consumption, production and trade. This paper documents the methods, data and computer software of the GFPM model, followed by examples of applications to forecasting, and for policy analysis of the consequences of offset payments for carbon sequestration in forests.

Citation

Buongiorno, Joseph. 2014. Global modelling to predict timber production and prices: the GFPM approach. Forestry. 88(3): 291-303.13 p. 10.1093/forestry/cpu047