Softwood lumber products in the United States: substitutes, complements, or unrelated?
This study addresses an important dimension concerning the softwood lumber trade dispute between United States and Canada-substitutability among imported and domestically produced species. We employ the restricted translog subcost function approach to study this issue based on the monthly data of US softwood products consumption and prices between Jan. 1989 and July 2001. The results show that the spruce-pine-fir lumber species group, mainly imported from Canada, is largely unrelated to domestically produced treated southern yellow pine, Douglas-fir, and other species groups, but is a substitute to untreated southern yellow pine and engineered wood products. Furthermore, untreated southern yellow pine is facing more severe competition from structural panels rather than from the imported Canadian spruce-pine-fir group.
Requesting Print Publications
Publication requests are subject to availability. Fiscal responsibility limits the hardcopies of publications we produce and distribute. Electronic versions of publications may be downloaded, distributed and printed.
Please make any requests at firstname.lastname@example.org.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
- Our on-line publications are scanned and captured using Adobe Acrobat. During the capture process some typographical errors may occur. Please contact the SRS webmaster if you notice any errors which make this publication unuseable.
- To view this article, download the latest version of Adobe Acrobat Reader.