The Role of Exchange Rates in Canadian – U.S. Lumber Trade
Authors: Darius M. Adams, Bruce A. McCarl, and Lalehrokh Homayounfarrokh Executive SummaryThis paper employs graphical analysis, simple statics and an econometric model to examine the impacts of exchange rate on consumption, production, prices and bilateral trade flows I the Canadian—U.S. lumber market. Based on annual data for the 1950-1983 period, the econometric model is comprised […]
