Armington elasticities of intra-European trade with wood bioenergy products
2009 (English)In: Energy, policies and technologies for sustainable economies: executive summaries of the 10th IAEE European Conference 7-10 September 2009 in Vienna, Austria / [ed] Reinhard Haas, Cleveland: International Association for Energy Economics (IAEE) , 2009Conference paper (Refereed)
The purpose of this paper is to provide estimated Armington elasticities for selected European countries and for three forest commodities of main interest in many energy models: roundwood, chips & particles and wood residues. The Armington elasticity is based on the assumption that a specific forest commodity is differentiated solely by its origin. The statistically significant estimated Armington elasticities range from 0.52 for roundwood in Hungary to approximately 4.53 for roundwood in Estonia. On average, the statistically significant Armington elasticity for chips & particles over all countries is 1.7 and for wood residues and roundwood 1.3 and 1.5, respectively. These elasticities provide benchmark values for partial equilibrium models trying to assess trade patterns of forest commodities and energy policy effects for individual European countries or the European Community as a whole.
Place, publisher, year, edition, pages
Cleveland: International Association for Energy Economics (IAEE) , 2009.
Research subject Economics
IdentifiersURN: urn:nbn:se:ltu:diva-37503Local ID: b8d35270-a10c-11de-8293-000ea68e967bOAI: oai:DiVA.org:ltu-37503DiVA: diva2:1011001
IAEE European Conference : Energy, Policies and Technologies for Sustainable Economies 07/09/2009 - 10/09/2009
Godkänd; 2009; Bibliografisk uppgift: CD-ROM; 20090914 (roblund)2016-10-032016-10-03Bibliographically approved