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Factors affecting sawnwood consumption in Europe

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  • Hurmekoski, Elias
  • Hetemäki, Lauri
  • Linden, Mika

Abstract

Recent significant changes in the sawnwood consumption per capita in some European countries raise the questions, whether similar changes could happen in other countries as well, and if so, driven by what? The objective of this study is to identify potential factors affecting the level and growth rate of sawnwood consumption in Europe. Econometric models with sawnwood consumption per capita as the dependent variable are estimated for 17 European countries for the period of 1980–2012. The per capita form normalizes the data in regard to the size of the markets, and therefore makes the data more comparable across countries and over time. The results indicate that the sawnwood consumption per capita is related to construction activity, income, and prices. However, the results point to large regional differences in the drivers of sawnwood consumption across Europe. Moreover, in densely forested and scarcely populated regions, there have been structural changes that may have been caused by changes in the market share of sawnwood in the construction markets, which the models measuring economic activity are unable to capture.

Suggested Citation

  • Hurmekoski, Elias & Hetemäki, Lauri & Linden, Mika, 2015. "Factors affecting sawnwood consumption in Europe," Forest Policy and Economics, Elsevier, vol. 50(C), pages 236-248.
    • Handle: RePEc:eee:forpol:v:50:y:2015:i:c:p:236-248
    DOI: 10.1016/j.forpol.2014.07.008
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    1. Hurmekoski, Elias & Jonsson, Ragnar & Nord, Tomas, 2015. "Context, drivers, and future potential for wood-frame multi-story construction in Europe," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 181-196.
    2. Hurmekoski, Elias & Sjølie, Hanne K., 2018. "Comparing forest sector modelling and qualitative foresight analysis: Cases on wood products industry," Journal of Forest Economics, Elsevier, vol. 31(C), pages 11-16.
    3. Senko, Sergei & Pykäläinen, Jouni, 2020. "Exploring the views of forest industry companies on the long-term forestry development in Russia: A case study in Republic of Karelia," Forest Policy and Economics, Elsevier, vol. 120(C).
    4. Toppinen, Anne & Röhr, Axel & Pätäri, Satu & Lähtinen, Katja & Toivonen, Ritva, 2018. "The future of wooden multistory construction in the forest bioeconomy – A Delphi study from Finland and Sweden," Journal of Forest Economics, Elsevier, vol. 31(C), pages 3-10.
    5. Skjerstad, Svein H.F. & Kallio, A. Maarit I. & Bergland, Olvar & Solberg, Birger, 2021. "New elasticities and projections of global demand for coniferous sawnwood," Forest Policy and Economics, Elsevier, vol. 122(C).

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