Journal of Forest Economics > Vol 20 > Issue 3

Potential impact of a Transatlantic Trade and Investment Partnership on the global forest sector

Joseph Buongiorno, Department of Forest and Wildlife Ecology, University of Wisconsin, USA, jbuongio@wisc.edu Paul Rougieux, Observatory for European Forests, European Forest Institute, France, Ahmed Barkaoui, Forest Economics Laboratory, INRA, France, Shushuai Zhu, Department of Forest and Wildlife Ecology, University of Wisconsin, USA, Patrice Harou, Observatory for European Forests, European Forest Institute, France,
 
Suggested Citation
Joseph Buongiorno, Paul Rougieux, Ahmed Barkaoui, Shushuai Zhu and Patrice Harou (2014), "Potential impact of a Transatlantic Trade and Investment Partnership on the global forest sector", Journal of Forest Economics: Vol. 20: No. 3, pp 252-266. http://dx.doi.org/10.1016/j.jfe.2014.07.001

Published: 0/8/2014
© 0 2014 Joseph Buongiorno, Paul Rougieux, Ahmed Barkaoui, Shushuai Zhu, Patrice Harou
 
Subjects
 
Keywords
JEL Codes:C51C61F17L73O19A23Q41
Forest sectorInternational tradeGFPMWood productsDemandSupplyPrices
 

Article Help

Share

Download article
In this article:
Introduction
Methods
Results
Summary and conclusion

Abstract

The effects of a transatlantic trade agreement on the global forest sector were assessed with the Global Forest Products Model, conditional on previous macroeconomic impacts predicted with a general equilibrium model. Comprehensive tariff elimination per se had little effect on the forest sector. However, with deeper reforms and integration consumption would increase twice as much in percent in the US as in the EU. Net trade decreased in the US more than in the EU while it increased in Asia. Consumers and producers’ welfare increased by $7000 million in the EU and $14,000 million in the US, but decreased in some third countries, especially in Asia.

DOI:10.1016/j.jfe.2014.07.001