Oscar Geovani Martínez-Cortés , Shashi Kant , Henrieta Isufllari
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引用次数: 0
Abstract
The evolution of Forest Sector Models (FSMs) since the 1960s has marked a significant advancement in forest economics and policy analysis. However, this development is limited to North America and Europe's nations; tropical countries, crucial for biodiversity, carbon storage, and deforestation, face a notable scarcity of FSMs, often attributed to the limited and fragmented nature of their forest sector data. The importance of unprocessed wood and sources of wood supply are also distinct in tropical countries. We address these issues by introducing a comprehensive framework to build FSMs tailored for tropical countries whose national accounts are aligned with United Nations standards. We demonstrate the applicability of our framework by constructing the Colombian Forest Sector Model (CFSM), a structural econometric partial equilibrium model. The CFSM includes five markets grouped in two market sub-models: one for unprocessed wood (firewood and industrial wood) linked to a forest plantations simulator, and other for manufactured wood products (wood, furniture, and pulp & paper). The model consists of 32 behavioral equations, explaining supply, consumption, exports and imports, and prices for consumption and trade for each market, plus 18 summation and market-clearing identities. Model estimation is based on 41 years (1975–2015) of data collected, organized, and transformed through a meticulous process. Rigorous validation confirms the CFSM's robustness and reliability. The model's application is demonstrated by estimating wood availability and impacts under several plantation expansion scenarios, and the monetary effects of expanding Colombia's wood products industry. The paper opens new frontiers of research in FSMs.
期刊介绍:
Forest Policy and Economics is a leading scientific journal that publishes peer-reviewed policy and economics research relating to forests, forested landscapes, forest-related industries, and other forest-relevant land uses. It also welcomes contributions from other social sciences and humanities perspectives that make clear theoretical, conceptual and methodological contributions to the existing state-of-the-art literature on forests and related land use systems. These disciplines include, but are not limited to, sociology, anthropology, human geography, history, jurisprudence, planning, development studies, and psychology research on forests. Forest Policy and Economics is global in scope and publishes multiple article types of high scientific standard. Acceptance for publication is subject to a double-blind peer-review process.