Research Article | OPEN ACCESS
The Risk Assessment of China's Timber Import Based on SWI Index
Wang Yanbin, Cheng Baodong, Yu Chang and Li Tingting
School of Economics and Management, Beijing Forestry University, Beijing, China
Advance Journal of Food Science and Technology 2014 11:1184-1189
Received: April 01, 2014 | Accepted: April 28, 2014 | Published: November 10, 2014
Abstract
Derived by the demand of domestic economy and forest products export, timber import shows the features of high concentration and strong dependence. Thus the risk of China's timber import significantly increases. Based on SWI Index, we construct the short-term and long-term timber risk index from resource risk, country risk, market risk, transportation risk etc. Using this index, we make a more comprehensive risk assessment and find out the trend and factors of risk. The results of index construction and estimation indicate that China's timber import generally shows the trend from high risk to low risk. Besides, it also points out that the majority of new timber-importing countries are those developing countries with high country risk and high resources risk. These factors may cause considerable potential risks. Finally, the study gives policy recommendations for reducing the risk of timber import.
Keywords:
RTML, RTMS, SWI index, timber import,
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Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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