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Productivity, resource endowment and trade performance of the wood product sector

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  • Koebel, Bertrand M.
  • Levet, Anne-Laure
  • Nguyen-Van, Phu
  • Purohoo, Indradev
  • Guinard, Ludovic

Abstract

This paper analyzes the determinants of international trade of wood products, considering three main groups: woodworking products, pulp and paper and wooden furniture. We extend the Heckscher-Ohlin-Vanek (HOV) framework in order to take into account the forest resource endowment as well as industrial performance factors. Empirical tests are based on data on European countries between 1995 and 2007. The HOV hypothesis is partially confirmed in that the forest resource endowment is a significant determinant for explaining differences in net trade of two products (pulp and paper and furniture) but not for woodworking products. In addition, empirical tests also show the limits of the HOV model for explaining international trade of wood products. Indeed, factors reflecting industrial performance of wood sectors, including total factor productivity and average labor cost, have a significant role in determining differences in net trade of wood products.

Suggested Citation

  • Koebel, Bertrand M. & Levet, Anne-Laure & Nguyen-Van, Phu & Purohoo, Indradev & Guinard, Ludovic, 2016. "Productivity, resource endowment and trade performance of the wood product sector," Journal of Forest Economics, Elsevier, vol. 22(C), pages 24-35.
  • Handle: RePEc:eee:foreco:v:22:y:2016:i:c:p:24-35
    DOI: 10.1016/j.jfe.2015.10.004
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    Cited by:

    1. Yin, Zhonghua & Wang, Fang & Gan, Jianbang, 2020. "Spatial spillover effects of global forest product trade," Forest Policy and Economics, Elsevier, vol. 113(C).
    2. Andrea SUJOVÁ & Jakub MICHAL, 2017. "Analysis of performance of the forestry sector in the Czech and Slovak Republics," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 63(7), pages 293-299.
    3. Filewod, Ben & Kant, Shashi, 2021. "Identifying economically relevant forest types from global satellite data," Forest Policy and Economics, Elsevier, vol. 127(C).
    4. Enrico De Monte & Anne-Laure Levet, 2019. "Productivity Dynamics in French Woodworking Industries," Working Papers of BETA 2019-45, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

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    More about this item

    Keywords

    Heckscher-Ohlin-Vanek hypothesis; International trade; Wood products; Panel data;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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