Softwood lumber products in the United States: substitutes, complements, or unrelated?
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...
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Veröffentlicht in: | Forest science 2004-08, Vol.50 (4), p.416-426 |
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creator | Nagubadi, R.V Zhang, D Prestemon, J.P Wear, D.N |
description | 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. |
doi_str_mv | 10.1093/forestscience/50.4.416 |
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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.</description><identifier>ISSN: 0015-749X</identifier><identifier>EISSN: 1938-3738</identifier><identifier>DOI: 10.1093/forestscience/50.4.416</identifier><language>eng</language><publisher>Bethesda: Oxford University Press</publisher><subject>competitive imports ; cost analysis ; Disputes ; elasticities ; equations ; International trade ; lumber ; Lumber industry ; softwood ; timber production ; trade agreements ; Wood products</subject><ispartof>Forest science, 2004-08, Vol.50 (4), p.416-426</ispartof><rights>Copyright Society of American Foresters Aug 2004</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925</link.rule.ids></links><search><creatorcontrib>Nagubadi, R.V</creatorcontrib><creatorcontrib>Zhang, D</creatorcontrib><creatorcontrib>Prestemon, J.P</creatorcontrib><creatorcontrib>Wear, D.N</creatorcontrib><title>Softwood lumber products in the United States: substitutes, complements, or unrelated?</title><title>Forest science</title><description>This study addresses an important dimension concerning the softwood lumber trade dispute between United States and Canada¡substitutability among imported and domestically produced species. 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source | Oxford University Press Journals All Titles (1996-Current); EZB-FREE-00999 freely available EZB journals |
subjects | competitive imports cost analysis Disputes elasticities equations International trade lumber Lumber industry softwood timber production trade agreements Wood products |
title | Softwood lumber products in the United States: substitutes, complements, or unrelated? |
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