Research Article | OPEN ACCESS
Risk Assessment and Analysis of Diversification of China's Round Wood Import
1Cheng Baodong, 2Diao Gang, 1Li Tingting and 1Yu Chang
1School of Economics and Management, Beijing Forestry University, China
2School of Business, Hebei Agriculture University, China
Advance Journal of Food Science and Technology 2015 12:853-860
Received: January ‎20, ‎2015 | Accepted: January ‎31, ‎2015 | Published: July 20, 2015
Abstract
With China’s economic and social development, China’s demand for timber keeps increasing and China’s dependence on round wood import remains high. In this study, the risk change of China’s round wood import was examined in two perspectives, which were the risk and the diversification of China’s round wood import. The study also discussed how to optimize the import structure using quadratic model. Optimization results suggested that import diversification was an important way to reduce the risk of round wood import; China shall adjust its sources of imports to reduce the risk.
Keywords:
Import diversification, quadratic model, risk assessment, round wood 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.
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The authors have no competing interests.
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ISSN (Online): 2042-4876
ISSN (Print): 2042-4868 |
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