A Rethinking of the Production Approach in IPCC: Its Objectiveness in China

Hongqiang Yang () and Xiaobiao Zhang
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Xiaobiao Zhang: College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China

Sustainability, 2016, vol. 8, issue 3, 1-13

Abstract: The trade of harvested wood products (HWPs) and their feedstock increasingly affects the dynamics of the complete national HWP carbon pool ignored by the Production Approach (PA), the current universal method, proposed by the Intergovernmental Panel on Climate Change. Existing research also overlooks the inherent factors that lead to the non-objectiveness of PA that affects the potential carbon trade and the sustainable use of forestry resources. This study aimed to investigate such inherent factors through a deductive derivation of PA and the Stock-Change Approach (SCA), based on which an empirical study on China was conducted to rethink the objectiveness of PA in the complete national HWP carbon pool. The deductive derivation indicated that the inherent factors rely on the balance between coefficients that describe the relationship between HWP trade and production and the relationship between the corresponding feedstock trade and production. The empirical study further illustrated that the dynamics of balance between coefficients negatively influence the objectiveness of PA. The absolute objectiveness of this approach was constantly weakened in the past 55 years and may potentially occur yet again in the future despite an improvement in its annual relative objectiveness.

Keywords: Production Approach; Stock-Change Approach; objectiveness; complete national HWP carbon pool; China (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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