1. Productivity, resource endowment and trade performance of the wood product sector
- Author
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Phu Nguyen-Van, Anne-Laure Levet, Bertrand M. Koebel, Indradev Purohoo, Ludovic Guinard, Bureau d'Économie Théorique et Appliquée (BETA), Institut National de la Recherche Agronomique (INRA)-Université de Strasbourg (UNISTRA)-Université de Lorraine (UL)-Centre National de la Recherche Scientifique (CNRS), Institut Technologique Forêt Cellulose Bois-construction Ameublement (FCBA), Université de Lorraine (UL)-Université de Strasbourg (UNISTRA)-Institut National de la Recherche Agronomique (INRA)-Centre National de la Recherche Scientifique (CNRS), and This research was financially supported by the GIP ECOFOR
- Subjects
Resource (biology) ,Natural resource economics ,Endowment ,Geography, Planning and Development ,Economics, Econometrics and Finance (miscellaneous) ,International trade ,010501 environmental sciences ,01 natural sciences ,[SHS]Humanities and Social Sciences ,Microeconomics ,Order (exchange) ,Economics ,Sciences de l'Homme et Société/Economies et finances ,Productivity ,Total factor productivity ,ComputingMilieux_MISCELLANEOUS ,0105 earth and related environmental sciences ,Panel data ,040101 forestry ,Ecology ,[QFIN]Quantitative Finance [q-fin] ,Woodworking ,Forestry ,04 agricultural and veterinary sciences ,JEL: L - Industrial Organization/L.L6 - Industry Studies: Manufacturing/L.L6.L60 - General ,Wood products ,JEL: Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q2 - Renewable Resources and Conservation/Q.Q2.Q23 - Forestry ,0401 agriculture, forestry, and fisheries ,Heckscher-Ohlin-Vanek hypothesis ,Wood product ,JEL: F - International Economics/F.F1 - Trade/F.F1.F10 - General - Abstract
International audience; 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.
- Published
- 2016
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