Major prize for groundbreaking economic modelsFriday 27 Oct 2023
Climate change put pressures on forest as carbon sinks, and population and income growth imply rising pressures on the demand of forest raw materials all over the world. The TAMM and PAPYRUS economic models demonstrate a groundbreaking way to combine biological, statistical, mathematical, and technological knowledge with neoclassical economic theory into empirical models that are highly useful for forestry, forest industries and policy makers. These models can be applied to analyse the impact of multiple factors such as trade regulations, climate mitigation measures, carbon pricing, forest protection measures, subsidies applied to energy supply, new biorefinery products and climate change. Especially now in rapidly changing times, these models and their successors are more and more valid and needed. Work on the models commenced in the 1970’s, when major changes took place in the forest industry as a result of globalization and increased demand. This led to environmental concerns and challenges related to international trade regulations in the forest sector. Appropriate tools to analyse the effects of such concerns became an urgent requirement to manage the future development within the sector, and it was in this setting that TAMM and PAPYRUS were developed. More >> The Marcus Wallenberg Prize 2023 will be presented by HM the King of Sweden at a ceremony in Stockholm in November this year. | ||
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