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Estimating Armington elasticities for sawnwood and application to the French Forest Sector Model

  • Sauquet, Alexandre
  • Lecocq, Franck
  • Delacote, Philippe
  • Caurla, Sylvain
  • Barkaoui, Ahmed
  • Garcia, Serge

Domestic and foreign forest products consumptions are considered imperfectly substitutable in the French Forest Sector Model (FFSM). This assumption is justified by product heterogeneities that depend on production places, by the consumers habits or by the market structure. It leads us to implement the international trade in the FFSM via the Armington's theory of the demand for products distinguished by place of production. In this paper we propose a calibration of Armington's elasticities of substitution between French and foreign forest products. System-GMM estimators are applied to identify robust parameters using a panel data from France customs service.

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Article provided by Elsevier in its journal Resource and Energy Economics.

Volume (Year): 33 (2011)
Issue (Month): 4 ()
Pages: 771-781

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Handle: RePEc:eee:resene:v:33:y:2011:i:4:p:771-781
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505569

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  12. Sylvain Caurla & Philippe Delacote & Franck Lecocq & Ahmed Barkaoui, 2009. "Fuelwood consumption, restrictions about resource availability and public policies: impacts on the French forest sector," Working Papers - Cahiers du LEF 2009-03, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.
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  15. Sylvain Caurla & Franck Lecocq & Philippe Delacote & Ahmed Barkaoui, 2010. "The French Forest Sector Model: version 1.0. Presentation and theorical foundations," Working Papers - Cahiers du LEF 2010-04, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.
  16. Balistreri, Edward J. & McDaniel, Christine A. & Wong, Eina Vivian, 2003. "An estimation of US industry-level capital-labor substitution elasticities: support for Cobb-Douglas," The North American Journal of Economics and Finance, Elsevier, vol. 14(3), pages 343-356, December.
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