EconPapers    
Economics at your fingertips  
 

Is Free Trade the End All Be All? The Case of Log Exports

Gerrit van Kooten

No 162236, Working Papers from University of Victoria, Resource Economics and Policy

Abstract: The government of British Columbia imposes restrictions on the export of logs from public and private forestlands, primarily to promote local processing and associated employment benefits. Economists wholeheartedly oppose BC’s export restrictions, arguing that BC’s citizens are worse off as a result of the government’s measures. In this paper, it is shown that, while free trade in logs might well maximize global wellbeing, it might not necessarily result in the greatest benefit to British Columbia. Indeed, both economic theory and a follow-up numerical analysis indicate that some restrictions on the export of logs can lead to higher welfare for BC than free trade.

Keywords: International Relations/Trade; Resource /Energy Economics and Policy (search for similar items in EconPapers)
Pages: 30
Date: 2014-01
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/162236/files/WorkingPaper2014-01.pdf (application/pdf)

Related works:
Working Paper: Is Free Trade the End All Be All? The Case of Log Exports (2014) Downloads
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:ags:uvicwp:162236

DOI: 10.22004/ag.econ.162236

Access Statistics for this paper

More papers in Working Papers from University of Victoria, Resource Economics and Policy
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2021-06-20
Handle: RePEc:ags:uvicwp:162236