TY - JOUR
T1 - A spatial equilibrium analysis of U.S.-Canadian disputes on the world softwood lumber market
AU - Devadoss, Stephen
AU - Aguiar, Angel H.
AU - Shook, Steven R.
AU - Araji, Jim
PY - 2005/6
Y1 - 2005/6
N2 - This paper utilizes a world spatial equilibrium model to examine the effects of U.S.-Canadian softwood lumber disputes on U.S., Canadian, and other exporters' and importers' lumber markets. Results show that the U.S. import tariff on Canadian softwood lumber impacts prices, supply, demand and trade flows not only in the United States and Canada but also in the other countries. Though the goal of U.S. trade restriction is to limit imports from Canada and protect its producers, the United States cannot fully accomplish this goal as non-Canadian exporters fill the void left by the reduced imports from Canada. Canadian producers lose from the U.S. policy, but their loss is mitigated as Canada redirects its exports to other importers. Importing countries such as Japan and the European Union benefit from the U.S. trade restrictions as Canada seeks to sell its softwood lumber to these countries.
AB - This paper utilizes a world spatial equilibrium model to examine the effects of U.S.-Canadian softwood lumber disputes on U.S., Canadian, and other exporters' and importers' lumber markets. Results show that the U.S. import tariff on Canadian softwood lumber impacts prices, supply, demand and trade flows not only in the United States and Canada but also in the other countries. Though the goal of U.S. trade restriction is to limit imports from Canada and protect its producers, the United States cannot fully accomplish this goal as non-Canadian exporters fill the void left by the reduced imports from Canada. Canadian producers lose from the U.S. policy, but their loss is mitigated as Canada redirects its exports to other importers. Importing countries such as Japan and the European Union benefit from the U.S. trade restrictions as Canada seeks to sell its softwood lumber to these countries.
UR - http://www.scopus.com/inward/record.url?scp=24044537626&partnerID=8YFLogxK
U2 - 10.1111/j.1744-7976.2005.04024.x
DO - 10.1111/j.1744-7976.2005.04024.x
M3 - Article
AN - SCOPUS:24044537626
SN - 0008-3976
VL - 53
SP - 177
EP - 192
JO - Canadian Journal of Agricultural Economics
JF - Canadian Journal of Agricultural Economics
IS - 2-3
ER -