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Fact sheet: the Global Forest Trade Model (GFTM) in the Bioeconomy modelling framework

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The Global Forest Trade Model (GFTM) is a partial equilibrium model of the global forest sector, with a European focus. GFTM shares the classical economic-mathematical formulation used by similar models, such as (most notably) the Global Forest Products Model and the Global Trade Model. GFTM is a stand-alone model, but designed to be fully integrated into a modelling framework for the Bioeconomy module of FISE. In particular, the GFTM will work in close cooperation with a forest resource assessment model, the European Forestry Dynamics Model (EFDM), both receiving inputs from and proving outputs to it. GFTM provides projections of consumption, production, and international trade of wood-based products (sawlogs, pulpwood, sawnwood, wood-based panels, pulp, paper, and wood pellets) for 48 countries and global sub-regions.
2015-09-23
Publications Office of the European Union
JRC97272
978-92-79-50918-6 (print),    978-92-79-50919-3,   
1018-5593 (print),    1831-9424 (online),   
EUR 27426,    OP LB-NA-27426-EN-C (print),    OP LB-NA-27426-EN-N (online),   
https://publications.jrc.ec.europa.eu/repository/handle/JRC97272,   
10.2788/945912 (print),    10.2788/237058 (online),   
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