Journal of Forest Economics > Vol 17 > Issue 2

Consequences of increasing bioenergy demand on wood and forests: An application of the Global Forest Products Model

Joseph Buongiorno, , jbuongio@wisc.edu Ronald Raunikar, , Shushuai Zhu, ,
 
Suggested Citation
Joseph Buongiorno, Ronald Raunikar and Shushuai Zhu (2011), "Consequences of increasing bioenergy demand on wood and forests: An application of the Global Forest Products Model", Journal of Forest Economics: Vol. 17: No. 2, pp 214-229. http://dx.doi.org/10.1016/j.jfe.2011.02.008

Published: 0/4/2011
© 0 2011 Joseph Buongiorno, Ronald Raunikar, Shushuai Zhu
 
Subjects
 
Keywords
JEL Codes:C54C61F18L73O13A23Q41
Forest sectorModelingBioenergyFuelwoodWood productsPricesDemandSupplyTrade
 

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In this article:
Introduction
Methods
Results

Abstract

The Global Forest Products Model (GFPM) was applied to project the consequences for the global forest sector of doubling the rate of growth of bioenergy demand relative to a base scenario, other drivers being maintained constant. The results showed that this would lead to the convergence of the price of fuelwood and industrial roundwood, raising the price of industrial roundwood by nearly 30% in 2030. The price of sawnwood and panels would be 15% higher. The price of paper would be 3% higher. Concurrently, the demand for all manufactured wood products would be lower in all countries, but the production would rise in countries with competitive advantage. The global value added in wood processing industries would be 1% lower in 2030. The forest stock would be 2% lower for the world and 4% lower for Asia. These effects varied substantially by country.

DOI:10.1016/j.jfe.2011.02.008