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|Title:||Effects of global trade liberalisation on forestry products and forest sustainability using the GTAP model||Contributor(s):||Stenberg, Luz Centeno (author); Siriwardana, Mahinda (author)||Publication Date:||2011||Handle Link:||https://hdl.handle.net/1959.11/11203||Abstract:||The paper analyses the effects of trade liberalization amongst the leading exporters and importers of forest products, in particular, as well as global merchandise, in general. The study utilises the Global Trade Analysis Project (GTAP) model and its database, version 7. Given that forest products only comprise a small proportion of world merchandise trade, it is expected that trade liberalisation would cause small changes in terms of trade, real GDP, production, consumption and prices of forest products in most countries. In the short-run, national welfare in China and Japan would increase substantially by more than $US400 million while the opposite is true for the United States. In the long-run, national welfare in China, Mexico and Thailand would increase between $US230 million and $US295 million. Food production in Australia, Chile and New Zealand would increase slightly but significantly compared to other countries/regions. Similarly, food consumption in Malaysia and Thailand would increase by about 0.10 per cent.||Publication Type:||Conference Publication||Conference Name:||Global Accounting, Finance and Economics Conference, Melbourne, Australia, 14th - 15th February, 2011||Conference Details:||Global Accounting, Finance and Economics Conference, Melbourne, Australia, 14th - 15th February, 2011||Source of Publication:||Proceedings of the Global Accounting, Finance and Economics Conference, p. 1-22||Publisher:||World Business Institute Australia||Place of Publication:||Melbourne, Australia||Field of Research (FOR):||140210 International Economics and International Finance||Socio-Economic Outcome Codes:||910302 Trade Assistance and Protection||Peer Reviewed:||Yes||HERDC Category Description:||E1 Refereed Scholarly Conference Publication||Other Links:||http://www.wbiconpro.com/223-Luz.pdf
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