Exchange rate and U.S. softwood plywood import from Brazil

Noel Perceval Assogba and Daowei Zhang

Forest Policy and Economics, 2023, vol. 150, issue C

Abstract: In this paper, we investigate the effect of the exchange rate on U.S. softwood plywood imports from Brazil between 2010 and 2021. Using the Equilibrium Displacement Model, we find that the pass-through effect of the U.S. Dollar's appreciation is more perceptible to U.S. consumers when facing a relatively elastic export supply curve from Brazil. Our results suggest that although the U.S. Dollar's strengthening against the Brazilian Real had a detrimental effect on domestic producers of softwood plywood, the consumer's gains more than offset those losses.

Keywords: Softwood plywood; Exchange rate; Pass-through elasticity; Equilibrium displacement model (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1389934123000497
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:forpol:v:150:y:2023:i:c:s1389934123000497

DOI: 10.1016/j.forpol.2023.102954

Access Statistics for this article

Forest Policy and Economics is currently edited by M. Krott

More articles in Forest Policy and Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().