Softwood Lumber Products in the United States: Substitutes, Complements, or Unrelated?
Abstract:This study addresses an important dimension concerning the softwood lumber trade dispute between United States and Canada–substitutability among imported and domestically produced species. We employ the restricted translog subcost function approach to study this issue based on the monthly data of US softwood products consumption and prices between Jan. 1989 and July 2001. The results show that the spruce-pine-fir lumber species group, mainly imported from Canada, is largely unrelated to domestically produced treated southern yellow pine, Douglas-fir, and other species groups, but is a substitute to untreated southern yellow pine and engineered wood products. Furthermore, untreated southern yellow pine is facing more severe competition from structural panels rather than from the imported Canadian spruce-pine-fir group. FOR. SCI. 50(4):416–426.
Keywords: Trade dispute; US-Canada; engineered wood products; environmental management; forest; forest management; forest resources; forestry; forestry research; forestry science; natural resource management; natural resources; southern pine; spruce-pine-fir; translog subcost function
Document Type: Regular Article
Affiliations: 1: Postdoctoral Fellow School of Forestry & Wildlife Sciences Auburn University AL 36849-5418 Phone: (334) 844-1067;, Fax: (334) 844-1084 2: Professor School of Forestry & Wildlife Sciences Auburn University AL 36849-5418 Phone: (334) 844-1067;, Fax: (334) 844-1084, Email: firstname.lastname@example.org 3: Research Forester Economics of Forest Protection and Management, Southern Research Station USDA Forest Service PO Box 12254 Research Triangle Park NC 27709 4: Project Leader Economics of Forest Protection and Management, Southern Research Station USDA Forest Service PO Box 12254 Research Triangle Park NC 27709
Publication date: August 1, 2004
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