Skip to main content

Modeling Pulpwood Trade within the United States South

Buy Article:

$29.50 plus tax (Refund Policy)

Abstract:

Interregional trade of roundwood products is an important factor of regional roundwood markets. Until now, regional and subregional forest sector models did not account for the spatial aspects of roundwood markets. This article explores ways to model interregional trade of roundwood products. It compares the performance of different specifications of a gravity model (the model widely used in the analysis of international trade) and a fixed gravity coefficient model (common in regional input-output analysis) to forecast pulpwood trade between the states of the United States South. The gravity model estimated using nonlinear least-squares with fixed effects (NLS FEM) and the fixed gravity coefficient model (FGCM) showed the best results. Another important result of this study is the finding that the fixed gravity coefficients for pulpwood trade in the United States South are temporally stable. This suggests the possibility of using the FGCM for modeling roundwood trade in the absence of time series data.

Keywords: fixed gravity coefficient model; gravity equation; interregional trade; panel data

Document Type: Research Article

Publication date: 2007-06-01

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2015 Impact Factor: 1.702
    Ranking: 16 of 66 in forestry

    Average time from submission to first decision: 62.5 days*
    June 1, 2016 to Feb. 28, 2017

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
  • Submit a Paper
  • Membership Information
  • Author Guidelines
  • Podcasts
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more