The effect of regulatory quality on Indian forest products imports

Joy Das, Shaun M. Tanger, Richard Vlosky and P. Lynn Kennedy

No 332738, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: The value of forest products imports by India has increased from about $1.5 billion in 2003 to about $5.4 billion in 2013. While many of the forest products resources can be sourced from within India, the subcontinent must also source forest products from trading partners. This phenomenon presents many economic challenges and opportunities that are appealing to analysis. In this study, we focus on the effect of regulatory quality on forest products imports by India. Using a panel of trade flows during 2009-2013 of 143 partner countries from which India imports forest products, we estimate an augmented gravity trade model to capture the effect of relevant variables on the inflow of forest products to India. Explanatory variables such as the distance between the partner country and India, forest area of India relative to forest area of partner country, GDP and population are found to have significant effects on trade.

Keywords: Agricultural and Food Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332738

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