...Yifei Zhang; Barry Goodwin; Jeffrey Prestemon The COVID-19 pandemic introduced unprecedented volatility into the US manufactured wood products market, with the price of softwood lumber nearly quadrupling within a year, reaching its highest level since 1995. This paper examines the substantial...

... t CA + β 3 ln ER t + ε t , where TB_i,t is the US trade balance with Canada (expressed as trade deficit), i = softwood lumber, hardwood lumber, panel/plywood, logs and chips and other wood product; Y t US is the real US income; Y...