An Econometric Analysis of US Exports of Forest Products

Using cointegration analyses, we examined the econometric relationship between the US exports of selected forest products (roundwood, sawnwood, and paper and paper board) and a group of microeconomic factors. Overall, we found a positive impact of economic growth of importing countries on total US export of forest products, but mixed results for exchange rate risk and relative price by model specifications, by exchange rate risk measures, and across forest products.

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