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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 […]

Wood Products as a Worldwide Commodity

Authors: Thomas R. Waggener and Richard P Vlosky ​IntroductionWood has been an important commodity in world trade for centuries.  Over 4500 years ago Lebanon exported wood to Egypt and Christopher Columbus carried mahogany from his explorations of the New World back to Europe.  The continued significance of world wood flows is evident by a total […]