Wood, Joel - In: Economics Bulletin 35 (2015) 2, pp. 1071-1075
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 …