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Joel Wood |
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''When a ban is not a ban: The case of British Columbia's log export restrictions'' |
( 2015, Vol. 35 No.2 ) |
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This paper uses a partial equilibrium trade model to evaluate British Columbia's (BC) log export restrictions. The results of a recently published paper on the topic rely on two key assumptions. They assumed BC has a ban on log exports and that any incremental BC log exports will not affect the world price for logs. This note uses the same data, but a more nuanced model, to show that from BC's perspective unlimited log exports is not necessarily preferred to a policy allowing limited log exports. |
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Keywords: Log exports, natural resource export restrictions, trade |
JEL: F1 - Trade: General Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics: General |
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Manuscript Received : Oct 24 2014 | | Manuscript Accepted : Apr 22 2015 |
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