Forestry Economics Review (Dec 2021)

The duration of export trade relations and its influential factors in China's wooden floor

  • Ruonan Liu,
  • Yuhui Yue,
  • Dongling Miao,
  • Baodong Cheng

DOI
https://doi.org/10.1108/FER-12-2020-0014
Journal volume & issue
Vol. 3, no. 1
pp. 2 – 18

Abstract

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Purpose – This article will select 25 years of subdivided data to perform Kaplan–Meier survival analysis on the export trade relations of Chinese wooden flooring, use discrete-time cloglog models to analyze influencing factors, use logit and probit models to test the robustness, and try to systematically reveal the duration of China's wood flooring export trade and its influencing factors. Design/methodology/approach – This study used Kaplan–Meier survival function estimation method. In the survival analysis, survival function and hazard rate function are often used to characterize the distribution of survival time. Findings – The continuous average export time of China's wooden flooring is relatively long, about 14 years. China's wooden flooring has a negative time dependency. After the export trade exceeds the threshold value of 15 years, the failure rate of trade greatly decreases, which has a “threshold effect.” Gravity model variables have a significant impact on the duration of China's wooden floor export. Originality/value – Studying the duration of forest products trade is of great significance for clearing deep-level trade relations and promoting sustainable development of forest products trade.

Keywords