| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
ARE LOG MARKETS COMPETITIVE? EMPIRICAL EVIDENCE AND IMPLICATIONS FOR CANADA-U.S. TRADE IN SOFTWOOD LUMBER
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| Autores: |
Niquidet, Kurt
van Kooten, G. Cornelis
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| Data: |
2004-09-14
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| Ano: |
2004
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| Palavras-chave: |
International Relations/Trade
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| Resumo: |
Under the U.S. Department of Commerces changed circumstances review, it is possible that the countervail duty on Canadian lumber can be lowered if administered stumpage prices are based on transaction evidence appraisal on actual auction data and regression analysis. The Province of British Columbia is implementing such a marketbased approach to set stumpage fees, relying on timber auction data from the Small Business Forest Enterprise Program (SBFEP) and OLS regression. We employ SBFEP 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, but that this could create even more problems for resolving the trade dispute.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
14856
http://purl.umn.edu/18164
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| Editor: |
AgEcon Search
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| Relação: |
University of Victoria>Resource and Environmental Economics and Policy Analysis Research Group>Working Papers
REPA Working Paper 2004-04
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| Formato: |
34
application/pdf
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