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European trade and projections in forest-based feed-stocks
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.ORCID iD: 0000-0002-5194-4197
2018 (English)In: Scandinavian Journal of Forest Research, ISSN 0282-7581, E-ISSN 1651-1891Article in journal (Refereed) Epub ahead of print
Abstract [en]

The purpose of this study is to estimate the intra EU trade value of wood products and examine the factors affecting the trade flow. A gravity model is used to estimate the factors affecting the trade flow. The study uses a panel data set, with fixed effects, on trade in two forest products between 28 EU member countries over the period 2005–2014. The forest products are woodchips and particles (HS4401) and industrial roundwood (HS4403). For HS4401, the result suggests that the GDP of both the exporting and importing countries affect the trade flow positively (0.64 and 0.36, respectively). For HS4403, the GDP of the exporting countries affect have a negative effect (−0.69), while the GDP of the importing countries have a positive effect (0.80). In a second step, the estimated parameters are used to forecast the trade up until year 2030. The forecast suggests an increase in the trade by 47 per cent. This suggests an improved efficiency in reaching the EU climate and energy targets. That is, the trade in biofuels is expected to increase due to economic growth, which in turn works towards achieving the renewable and CO2 emission targets in Europe.

Place, publisher, year, edition, pages
Taylor & Francis, 2018.
Keywords [en]
Roundwood, renewable energy, trade, gravity model, Europe
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:ltu:diva-70190DOI: 10.1080/02827581.2018.1495255OAI: oai:DiVA.org:ltu-70190DiVA, id: diva2:1236302
Available from: 2018-08-01 Created: 2018-08-01 Last updated: 2018-08-16

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Lundmark, Robert

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
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  • nn-NB
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  • Other locale
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Output format
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