The impact of environmental regulations on forest product trade in China,Natural Resource Modeling

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The impact of environmental regulations on forest product trade in China
Natural Resource Modeling ( IF 1.8 ) Pub Date : 2019-07-24 , DOI: 10.1111/nrm.12234
Yijing Zhang ₁ , Wen Luo ₂ , Xinyun Duan ₁ , Lan Gao ₁

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Forest product trade plays an important role in the development of the Chinese forest industry. The trading value of forest product has shown a yearly growth rate of 12% during the last five recent years. Stringent environmental regulations in China have a profound impact on raw material supplies and industrial production in the forest sector; however, their impact on the forest product trade is still unclear. This study applies fixed and random effects models as well as a seemingly unrelated regression model to investigate the impact of environmental regulations on the trade of forest product from 2002 to 2015. The results indicate that the stringent environmental regulations promoted the import but restricted the export of forest product in general. Specifically, the stringent environmental regulations stimulated the import but had an ambiguous impact on the export of the paper product. The stringent environmental regulations had also stimulated the import of wood product but inhibited the export. In contrast, wooden furniture had been affected minimally; only export got slightly negatively affected by environmental regulations.

更新日期：2019-07-24

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