摘要
This study investigates the role of Forest Stewardship Council (FSC) certification in advancing sustainable forest management and influencing forest cover changes across 70 countries from 2000 to 2021. Using dynamic panel data model and Generalized Method of Moments (GMM) estimations, the analysis addresses endogeneity concerns, such as those stemming from lagged dependent variables, providing robust and unbiased estimates. Results indicate that FSC certification significantly enhances forest cover, with the most pronounced effects observed in low- and middle-income countries. Additionally, the study explores how FSC certification interacts with income levels and climatic conditions, revealing region-specific variations in its effects. These findings highlight the importance of market-based conservation tools, such as FSC certification, which align economic incentives with sustainability objectives. The analysis provides practical insights, recommending the integration of FSC certification into responsible trade practices and the development of regionally tailored forest management strategies to maximize conservation outcomes.