Journal of Forest Economics > Vol 22 > Issue 1

Productivity, resource endowment and trade performance of the wood product sector

Bertrand M. Koebel, BETA, CNRS and Université de Strasbourg, France, koebel@unistra.fr Anne-Laure Levet, FCBA, Cité Descartes, France, Phu Nguyen-Van, BETA, CNRS and Université de Strasbourg, France, Indradev Purohoo, FCBA, Cité Descartes, France, Ludovic Guinard, FCBA, Cité Descartes, France,
 
Suggested Citation
Bertrand M. Koebel, Anne-Laure Levet, Phu Nguyen-Van, Indradev Purohoo and Ludovic Guinard (2016), "Productivity, resource endowment and trade performance of the wood product sector", Journal of Forest Economics: Vol. 22: No. 1, pp 24-35. http://dx.doi.org/10.1016/j.jfe.2015.10.004

Published: 0/1/2016
© 0 2016 Bertrand M. Koebel, Anne-Laure Levet, Phu Nguyen-Van, Indradev Purohoo, Ludovic Guinard
 
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Keywords
JEL Codes:F10L60Q23
Heckscher-Ohlin-Vanek hypothesisInternational tradeWood productsPanel data
 

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In this article:
Introduction
International trade of wood products
Data
A reappraisal of the Heckscher-Ohlin-Vanek hypothesis
Results
Conclusion

Abstract

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.

DOI:10.1016/j.jfe.2015.10.004