A Computable General Equilibrium Analysis of the United States-Canada 2006 Softwood Lumber Agreement

Welfare impacts of the 1996 United States – Canada Softwood Lumber (trade) Agreement

This paper investigates welfare impacts of the 1996 United States – Canada Softwood Lumber (trade) Agreement (SLA), which set up a tariff-regulated quota system to restrict softwood lumber export from Canada to the United States. An aggregate price model is used to estimate the price impact of the SLA, and the implied quantity and welfare effects are examined. The results show that while the an...

U.S.-Canada softwood lumber trade disputes and lumber price volatility

In the last 20 years, U.S.-Canada trade in forest products has received a great deal of attention on both sides of the border, as well as in international organizations such as the World Trade Organization. A dispute regarding softwood lumber imported from Canada to the United States, a $7 billion business in 1999, has been the most controversial. People involved in the dispute have described i...

Incidence of the 1996 U.S.–Canada Softwood Lumber Agreement among Landowners, Loggers, and Lumber Manufacturers in the U.S. South

A framework was developed to estimate the welfare incidence of the 1996 U.S.–Canada Softwood Lumber Agreement among producers in two-processing-stage markets—timberland owners, loggers, and lumber manufacturers—in the U.S. South. Timberland owners are the largest beneficiary whereas lumber manufacturers are the second and loggers the least. Empirically, without considering substitution effects ...

The Effects Of The 1996 U.S.-Canada Softwood Lumber Agreement On The Industrial Users Of Lumber: An Event Study

China-Japan-United States Integration amid Global Rebalancing: A Computable General Equilibrium Analysis

Using a global general equilibrium trade model, the paper assesses the long-term implications of global rebalancing for Asian economies and explores the benefits of ChinaJapan-US integration. The analysis suggests that consumption evaporation and growth slowdown in the US and the consequent its current account correction would force China, Japan and other East Asian economies to undergo substan...