International Trade Relations and Regional Industrial Adjustment: The Implications of the 1982–86 Canadian-US Softwood Lumber Dispute for British Columbia

1992 ◽  
Vol 24 (1) ◽  
pp. 153-170 ◽  
Author(s):  
R Hayter
Keyword(s):  
British Columbia ◽  
Political Economy ◽  
International Trade ◽  
Lumber Industry ◽  
Softwood Lumber ◽  
Trade Relations ◽  
Complex Interdependence ◽  
Industrial Adjustment ◽  
Undesirable Outcome

To contribute towards a better understanding of the evolving relationships between international trade relations and regional industrial adjustment the author examines the implications of the Canada-US softwood lumber dispute that occurred during the 1980s for the softwood lumber industry of British Columbia. Conceptually, these implications are discussed within a progressively more focused series of trade-relations contexts based on principles of political economy and which are represented by the concepts of complex interdependence, continentalism, and bargaining. Empirically, it is found that the dispute led to an unanticipated and undesirable outcome for the lumber industry of British Columbia. Paradoxically, the dispute provides further encouragement for the lumber industry to diversify its operations, a trend which can be considered beneficial.

An econometric analysis of output supply and input demand in the Canadian softwood lumber industry

2000 ◽  
Vol 30 (9) ◽  
pp. 1419-1428 ◽  
Author(s):  
Gregory S Latta ◽  
Darius M Adams
Keyword(s):  
British Columbia ◽  
Price Elasticity ◽  
Labor Demand ◽  
Lumber Industry ◽  
Softwood Lumber ◽  
Demand Elasticities ◽  
The Past ◽  
Forest Policies ◽  
Factor Demand ◽  
Wood Demand

Few studies have examined the own-price elasticity of Canadian softwood lumber supply or output-adjusted factor demand elasticities over the past two decades, despite the utility of these measures in understanding producer response to tariffs, to market shifts (such as the decline in U.S. public harvest), and to changes in domestic forest policies. The present analysis employs a normalized, restricted quadratic profit function approach to estimate lumber supply and Marshallian factor demand elasticities for three Canadian regions. Results indicate that the lumber supply elasticity in the British Columbia coast region may be twice as large as that in the interior or eastern regions. Comparison of Hicksian factor demand elasticities with earlier studies suggests that the own price elasticity of labor demand may be two or more times larger than that for wood. Results also indicate differential time trends in Marshallian lumber output and wood demand elasticities across regions, rising in the British Columbia coast and falling elsewhere over the past two decades. Morishima elasticities of substitution from the present and past studies indicate that the wood for labor factor intensity is more sensitive to changes in labor price than is the labor for wood intensity to changes in wood price.

The Political Economy of Trade Openness Reform: Consequences of Reform for Russian Border Regions

2011 ◽  
pp. 118-138
Author(s):  
N. Ryzhova
Keyword(s):  
Political Economy ◽  
International Trade ◽  
Trade Openness ◽  
Income Redistribution ◽  
The Political ◽  
Trade Reform ◽  
Border Regions

The article deals with the incentives for increasing international trade centralization and restricting trade border regions openness in reformed economy. Two groups of incentives are determined in terms of new political economy approaches: fear of separatism and reluctance of income redistribution. The situation with the radical international trade reform in Russia, followed by correction of trade openness, illustrates key moments in the concepts.

Political and Economic Determinants of Asynchronous Approval of New GM Events

2018 ◽  
Vol 19 (1) ◽  
pp. 75-90
Author(s):  
Maurício Benedeti Rosa ◽  
Rosane Nunes de Faria ◽  
Eduardo Rodrigues de Castro
Keyword(s):  
Political Economy ◽  
The Internet ◽  
Negative Bias ◽  
Economic Determinants ◽  
Trade Relations ◽  
Regulatory Quality ◽  
Internet Users ◽  
Negative News ◽  
Consumer Access

AbstractWe use a political economy perspective to provide the first empirical analysis of the main political and economic determinants of asynchronous approval (AA) for a variety of countries over the period 2000–2015. The key results that emerge from our paper are the prominent role of regulatory quality and the number of internet users in a particular country in influencing AA across countries. We found that the higher the share of internet users in a country, the lower the AA. Consumer access to the internet makes them less exposed to negative news about genetically modified (GM) products, as they are less influenced by the negative bias of traditional mass media toward biotechnology. Additionally, the better the regulation quality (the more efficiently a government formulates and implements regulation), the shorter the time necessary to approve new GM events, and the lower the AA. Furthermore, our findings confirm that determinants such as corruption, trade relations with stringent markets, and the size of the rural population are also important in explaining AA of GM events.

scholarly journals The role of factoring in international trade financing

2020 ◽  
Vol 3 ◽  
pp. 36-41
Author(s):  
Tural Alasgarli ◽  
Keyword(s):  
International Economic ◽  
International Trade ◽  
Foreign Trade ◽  
Economic System ◽  
20Th Century ◽  
Trade Finance ◽  
Trade Relations ◽  
Trade Financing

As 20th century ends, international economic system has gained new characteristics, international trade and its finance has reached at a different aspect. Parallel to the increasing trade relations, new technics of foreign trade finance has been widely available. Among them, factoring was evaluated in this study.

Sign in / Sign up

Export Citation Format

Share Document