Exchange rates and the competitiveness of the United States timber sector in a global economy

Daigneault, Adam; Sohngen, Brent; Sedjo, Roger A.

doi:10.1016/j.forpol.2007.07.001

Cited by 26 publications

(19 citation statements)

References 6 publications

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“…The GTM model is a dynamic optimization model of forests and land use that maximizes the net present value of consumer's and producer's surplus in timber markets (Sohngen et al 1999, Daigneault et al 2008. The model optimizes the age class of harvesting forests (all forests are modeled age in delimited vintages), the area of forests, and the investment in managing forests through replanting, fertilizing, competition suppression, thinning, and other traditional forest management practices.…”

Section: Methodsmentioning

confidence: 99%

Global climate change impacts on forests and markets

Tian

Sohngen

Kim

et al. 2016

Environ. Res. Lett.

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This paper develops an economic analysis of climate change impacts in the global forest sector. It illustrates how potential future climate change impacts can be integrated into a dynamic forestry economics model using data from a global dynamic vegetation model, the MC2 model. The results suggest that climate change will cause forest outputs (such as timber) to increase by approximately 30% over the century. Aboveground forest carbon storage also is projected to increase, by approximately 26 Pg C by 2115, as a result of climate change, potentially providing an offset to emissions from other sectors. The effects of climate mitigation policies in the energy sector are then examined. When climate mitigation in the energy sector reduces warming, we project a smaller increase in forest outputs over the timeframe of the analysis, and we project a reduction in the sink capacity of forests of around 12 Pg C by 2115.

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Section: Methodsmentioning

confidence: 99%

Global climate change impacts on forests and markets

Tian

Sohngen

Kim

et al. 2016

Environ. Res. Lett.

Self Cite

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“…South America's plantation area is expected to more than double, from 10.7 million ha at the turn of the century, to 26.7 million ha in 2050. Seventy-one per cent of the timber harvested in South America by 2050 will be produced by industrial plantations (Daigneault et al 2008). Investment and expansion in Eucalyptus plantations and pulp mills is expected to continue (Phillips 2013).…”

Section: Industrial Forest Plantationsmentioning

confidence: 99%

“…These regions are losing their importance as consumers and producers and are being surpassed by developing countries such as China, India, Brazil and Indonesia. Timber will also increasingly be supplied from industrial plantations located in regions such as Australia, the Southern USA, New Zealand, Asia and South America (Daigneault et al 2008). Thus, the above-mentioned developed countries are examining their business models to produce novel forest products such as biochemicals (Hurmekoski and Hetemaki 2013), and this may influence the technology required by the modern forestry machine.…”

Section: Forestry Investmentmentioning

confidence: 99%

Past, present and future of industrial plantation forestry and implication on future timber harvesting technology

et al. 2019

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Plantation forests are established, and expanding, to satisfy increasing global demand for timber products. Shifting societal values, such as safety, productivity, environmental, quality and social are influencing the plantation forestry sector. This is primarily driven through an ever increasing world population, which in turn influences the way nations view the value systems by which they live. More people require more resources-also forest products. Also, the availability of information is influencing the pace of technological development. These changes could result in a difference in the management of plantations that could affect the forest engineering systems of the future. This review aimed to summarize the current status of plantation forests; summarize future developments and possible scenarios in forest plantation management for the various products; and assess whether these developments in a plantation environment could affect the harvesting systems used. Factors influencing the form of plantations include the type and nature of the plantation owner; the change in demand for different and new forest products; climate change factors, including the use of biomass for energy, carbon sequestration and trading; ecosystem services and other products and services; and sustainability certification of forest management. The impact and influence of these factors were summarised into a series of key drivers that will influence the technology used in harvesting machines, as well as the choice of harvesting machines, systems and methods. These drivers were the effect of variations in tree size, the expansion of plantation areas onto more difficult terrain, diversity in plantation design, increased attention towards site impacts and the increased use of biomass for energy. Specific information is provided regarding how the harvesting systems could be affected.

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“…This approach allowed the authors to establish the positive correlation between the export growth rate and the country's competitiveness level. Daigneault et al (2008) analyzed the competitiveness of the US timber sector depending on different exchange rate policies. They used a dynamic global timber market model (Sedjo, Lyon, 1990;Sohngen et al, 1999) that includes optimal managing investments, timberland area and age class distributions of forests.…”

Section: Competitive Advantagementioning

confidence: 99%

Assessing Competitiveness of Forest Industry: Theoretical and Empirical Aspects

Gordeev

2020

Journal of Siberian Federal University. Humanities &Amp; Social Sciences

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Numerous studies are dedicated to the competitiveness assessment of countries, regions and industries. However, it is not easy to choose the methodology to assess the competitiveness of forest products. The main difficulties arise even at the stage of defining the term “competitiveness”, selecting the criteria for its achievement and choosing the measure suitable for its evaluation. This article analyzes the theoretical foundations of competitiveness in terms of two main approaches: comparative and competitive advantages. The main novel result of this work is a comprehensive review of empirical competitiveness assessments as regards the forest industry. Several methods have been identified as the most popular means to explore forest products’ competitiveness. One of the most convenient approaches to estimate competitiveness at national and regional level is to calculate the comparative advantage revealed. The last section of the article covers benefits and disadvantages of this approach

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Exchange rates and the competitiveness of the United States timber sector in a global economy

Cited by 26 publications

References 6 publications

Global climate change impacts on forests and markets

Global climate change impacts on forests and markets

Past, present and future of industrial plantation forestry and implication on future timber harvesting technology

Assessing Competitiveness of Forest Industry: Theoretical and Empirical Aspects

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