International trade in forest products : lumber trade disputes, models and examples /
edited by G. Cornelis van Kooten and Linda Voss, Department of Economics, University of Victoria, Victoria, Canada.
- 1 online resource (ix, 201 pages) : illustrations, charts
Includes bibliographical references and index.
Introduction / G. Cornelis van Kooten -- Canada-U.S. Softwood Lumber Dispute: Background / G. Cornelis van Kooten, Harry Nelson and Fatemeh Mokhtarzadeh -- Spatial Price Equilibrium Trade Modelling: Theory / G. Cornelis van Kooten and Craig M.T. Johnston -- Modeling Bilateral Forest Products Trade / Craig M.T. Johnston, Brad Stennes and G. Cornelis van Kooten -- Economic Analysis of a Softwood Lumber Quota Regime and a Policy to Subsidize Biomass Generation of Electricity / Fatemeh Mokhtarzadeh and G. Cornelis van Kooten -- Global Forest Products Trade Model / Prakash Nepal, Joseph Buongiorno, Craig M.T. Johnston, Jeffrey Prestemon and Jinggang Guo -- Softwood Lumber Trade and Trade Restrictions: Gravity Model / Xintong Li, Fatemeh Mokhtarzadeh and G. Cornelis van Kooten -- A Global Vector Autoregression Model for Softwood Lumber Trade / Fatemeh Mokhtarzadeh -- Discussion / G. Cornelis van Kooten.
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Because of the long-standing Canada-United States lumber trade dispute and the current pressure on the world's forests as a renewable energy source, much attention has been directed toward the modelling of international trade in wood products. Two types of trade models are described in this book: one is rooted in economic theory and mathematical programming, and the other consists of two econometric/statistical models--a gravity model rooted in theory and an approach known as GVAR that relies on time series analyses. The purpose of the book is to provide the background theory behind models and enable readers to easily construct their own models to analyze policy questions, whether in forestry or another sector. Examples in the book illustrate how models can be used to say something about a variety of issues, including identification of the gains and losses to various players in the North American softwood lumber business, and the potential for redirecting sales of lumber to countries outside the United States. The discussion is expanded to include other products besides lumber, and used to examine, for example, the effects of log export restrictions by one naton on all other forestry jurisdictions, the impacts of climate policies as they relate to the global forest sector, and the impact of oil prices on forest product markets throughout the world.
9781789248241 9781789248258
2020036408
Forest products industry--United States. Forest products industry--Canada. International trade--Econometric models. Forest products. Timber trade.
United States--Commerce--Canada. Canada--Commerce--United States.