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Forest endowment, logging restrictions, and China's wood products trade

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  • Zhang, Daowei
  • Li, Yanshu
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    Abstract

    This paper uses the gravity model to investigate determinants of China's wood products trade from 1995 to 2004. The results suggest that trade partners' forest resource endowment and China's own logging restrictions policy affect its wood products imports and exports. China's exported wood products are shown to be inferior goods while China's imported wood products are labor intensive for the exporting countries. Due to rises in Chinese currency against other major currency, transportation costs, and foreign trade actions, China's wood products exports and imports may slow down. The results may have implications on trade and global forest resource conservation.

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    Bibliographic Info

    Article provided by Elsevier in its journal China Economic Review.

    Volume (Year): 20 (2009)
    Issue (Month): 1 (March)
    Pages: 46-53

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    Handle: RePEc:eee:chieco:v:20:y:2009:i:1:p:46-53

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    Web page: http://www.elsevier.com/locate/chieco

    Related research

    Keywords: Wood products Gravity model Panel data Fixed-effects model Pseudo-Poisson maximum likelihood model;

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