ABSTRACT

The decade-long debate over softwood log export policy has at various times focused on price and related impacts of restrictions on log exports. Previous studies (Wiener, 1973; Stanford Research Institute, 1974; Clawson, 1975; Haynes, 1976; Sedjo and Wiseman, 1979; Darr and co-workers, n.d.) have, in general, concluded that a ban on log exports would result in (1) increased purchases of lumber from Canada and the United States by Japan; (2) only a limited effect on U.S. end-product prices; and (3) the stumpage market being affected more than the product market.