Data/hora: 01/06/2024 11:44:00

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | ARE LOG MARKETS COMPETITIVE? EMPIRICAL EVIDENCE AND IMPLICATIONS FOR CANADA-U.S. TRADE IN SOFTWOOD LUMBER
Autores: | Niquidet,   Kurt; van Kooten,   G. Cornelis.
Data: | 2004-05-16
Ano: | 2004
Palavras-chave: | International Relations/Trade.
Resumo: | Under the U.S. Department of Commerce's 'changed circumstances' review, it is possible that the countervail duty on Canadian lumber can be lowered if administered stumpage prices are based on a transaction evidence appraisal - on actual auction data and regression analysis. The Province of British Columbia is implementing such a market-based approach to set stumpage fees, relying on timber auction data from the Small Business Forest Enterprise Program and OLS regression. We employ Program data to estimate a truncated regression model, comparing our estimates of stumpage fees with the OLS results. It turns out that the OLS approach is biased and likely results in overestimates of stumpage in some timber stands and underestimates in others. Further, we demonstrate that number of bidders has an important impact on bids.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

14223

http://purl.umn.edu/19985

Editor: | AgEcon Search

Relação:

American Agricultural Economics Association&gt;2004 Annual meeting, August 1-4, Denver, CO

Selected Paper

Formato:

30

application/pdf