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Title: Calibrating and updating the Global Forest Products Model (GFPM version 2016 with BPMPD)

Author: Buongiorno, Joseph;  Zhu, Shushuai;

Date: 2016

Source: Staff Paper Series #86. Department of Forest and Wildlife Ecology, University of Wisconsin-Madison.

Publication Series: Miscellaneous

Description:

The Global Forest Products Model (GFPM) is an economic model of global production, consumption, and trade of forest products. An earlier version of the model is described in Buongiorno et al. (2003). The GFPM 2016 has data and parameters to simulate changes of the forest sector from 2013 to 2030. Buongiorno and Zhu (2015) describe how to use the model for simulation. Like the simulation procedures, the base-year calibration procedure described here uses the BPMPD optimizer (Mészáros 1999) to represent market equilibria.

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Citation:


Buongiorno, Joseph; Zhu, Shushuai 2016. Calibrating and updating the Global Forest Products Model (GFPM version 2016 with BPMPD). Staff Paper Series #86. Department of Forest and Wildlife Ecology, University of Wisconsin-Madison.  29 p.

 


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