The environmental impact of commodity trade has become a considerable concern in recent decades. In this study, carbon emissions embodied in forest products trade are examined through a multiregional input–output model. Compared with other industries, the forest products industry is clean with a small total emission and mean emission intensity. The paper sector is more substantial in total emission and dirtier in emission intensity than the wood sector. Most countries with extensive forest products trade have experienced declining consumption-based carbon emissions over 1995–2009, and all countries have become cleaner based on the emission intensity value. Carbon emissions embodied in international trade of forest products are about 25 percent of total emissions from production activities. Developing countries generally have much higher emission intensities than developed countries. Uncertainties in the carbon emission data have a larger impact than those in the intermediate and final consumption data. These findings are helpful for policymakers to understand the economic–environmental relations of forest products trade and to improve policy and agreement designs.

A single hurricane can result in timber losses totaling billions of dollars. Salvage operations can increase timber supply, and rebuilding activities can give r

In an earlier study Wagner, Cubbage, and Holmes (WCH) conducted an applied welfare analysis of environmental regulations in the South's forestry sector. A major finding was that southern timber producers are net beneficiaries of regulation, at least in the short run. Unfortunately, this conclusion is based on a flawed procedure for calculating the producer welfare impact of a supply shift. In addition, the study mismeasured the supply and demand shifts. In this study we present a method for applied welfare analysis that avoids these problems, yet is theoretically consistent and easier to apply. Applying the simplified method to WCH's analysis, we find that environmental regulations impose a significant cost on the South's forestry sector (timber producers and consumers alike). Still, the gains to society from an improved environment may well offset these losses. The corrected estimates in this article provide a basis for assessing such tradeoffs. South J. Appl. For. 25(3):108–115.

China has become the largest importer of roundwood and lumber products in recent years. In this study, the degree of competition among major supplying countries in China's import market is measured through the inverse residual demand elasticity over 1995–2015. Time-series properties of the data are considered through the autoregressive distributed lag model. The analysis reveals that market power exists in roundwood and lumber markets for a few supplying countries. The suppliers in the lumber import market have more market power than those in the roundwood market. Individual countries with substantial market power have more fluctuations in trading volumes.