... with Canada in the long-run, though not in the short-run. Additionally, the dollar’s depreciation has a more substantial long-run effect than appreciation. C22 F14 L73 Studying the effects changes in exchange rates have on trade flows has long been a hot topic under investigation. Within...

... and Esmaeili, 2014). Thus, the import demand function for wood and wood products in Iran was developed as: (2) I M q = f ( G D P , O i l v a , E R , D W P , P I r , T R F ) L73 F14 Globalization index Import function Trade Wood...

... import Elasticity Structural break Endogeneity Subset VECM Cointegration C32 F14 Q21 Q23 Corresponding author. E-mail address: hongqiangyang32@gmail.com (H. Yang). 21 10 2016 22 01 2017 21 03 2017 Table 1 Estimated elasticities of China’s import...

... products by 6.5 ± 1.3% from 2002 to 2013. F14 F15 Q02 Q23 Europe International trade Forest products Euro Gravity According to the theory proposed by Nobel laureate Robert Mundell (1961) , the benefits of establishing a common currency such as the euro within the European Union...

... and income elasticities are smaller in absolute terms than their long-run counterparts. The projection indicates China’s future lumber imports will probably keep growing, but with a slower annual growth rate than observed in the past. C32 F14 Q21 Q23 Lumber import demand China Bounds test...

... restrictions on the export of logs can lead to higher welfare for BC than free trade. Thus, log export restrictions could be economically efficient from a local perspective, but only if the transaction costs of obtaining necessary permits are not excessive. F13 F14 Q23 Q27 Q28 Regardless...

... industry Law of One Price D43 F14 Many empirical studies have shown that the strength of competition in product markets plays an important role in economic growth and improves the efficiency of resource allocation. More intense competition is likely to encourage stronger efforts of managers...

... Elsevier GmbH 2010 Elsevier GmbH Licensed re-use rights only Biomass Bioenergy Revealed comparative advantage Heckscher–Ohlin Forestry Energy Q23 Q27 Q48 F14 A RTA greater than zero indicates a relative revealed trade advantage in commodity j for county...