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Global forest products trade model

Formally Refereed

Abstract

This chapter introduces the Global Forest Products Model (GFPM). The general model structure and the mathematical formulation of the GFPM are provided and key differences and similarities to the modeling approaches developed in the previous chapters are highlighted. The usefulness of the GFPM as a forest sector tool for policy analysis is illustrated by summarizing its applications in a wide array of past and ongoing studies. These studies are summarized under four representative groups: (i) forest sector outlook studies; (ii) studies evaluating the consequences of tariff and non-tariff barriers on the international trade of forest products; (iii) studies projecting the impacts of climate change and forest-based climate change mitigation strategies on forests and forest industries; and (iv) other studies dealing with other important questions, such as the effects of the rise in global planted forest area, illegal harvests, and invasive species. Some of the limitations of GFPM, ways to mitigate these limitations, and its overall usefulness as a forest sector policy analysis tool are also examined.

Keywords

Global forest products model, climate change mitigation, international trade, forest industries, forest sector outlook, wood energy, planted forests

Citation

Nepal, P.; Buongiorno, J.; Johnston, C.M.T.; Prestemon, J.; Guo, J. 2021. Global forest products trade model. In: van Kooten, G.C.; Voss, L.; eds. International trade in forest products: lumber trade disputes, models and examples. Oxfordshire, UK: CAB International: 110-141.
https://www.fs.usda.gov/research/treesearch/62141