1 Forest Risk Commodity (FRC)

According to the Global Canopy Website, a Forest Risk Commodity (FRC) is defined as “globally traded goods and raw materials that originate from tropical forest ecosystems, either directly from within forest areas, or from areas previously under forest cover, whose extraction or production contributes significantly to global tropical deforestation and degradation.”

2 Forest Commodity at Risk(FCaR)

Deforestation causes the shortage of the Forest Commodities at Risk (FRAC), which may induce

• the global \(CO_2\) emission re-allocation problem,
• the global economic commodities re-allocation problem ,
• the international commodities trade re-allocation problem,
• the survival and extinction problems for animals and humans.

The above four problems are the recent hot-research topics of forest economic science, environmental science, and climate science. My research interests are to focus on predicting long-term equilibrium and optimal economics policy for the above four problems by using the approach of Dynamic Stochastic General Equilibrium (DSGE) in three areas:

3 Research focuses on Dynamic Stochastic General Equilibrium (DSGE) in three areas:

• Project 1: Projecting global forest area with DSGE Bayesian VAR Model computational algorithm
• Project 2: Long-term Spatio-temporal prediction of Forest Commodities at Risk (FRAC) with DSGE
  
• Project 3: Stochastic General equilibrium of International trade impacts model by deforestation