The US state-level wood product-based bilateral trade balances with Canada under the protectionist US trade policy, COVID-19, and economic policy uncertainty

Authors: Gocer, Ismet ;

Ongan, Serdar ;

Karamelikli, Huseyin

Source: International Trade Journal

Full text

: https://doi.org/10.1080/08853908.2023.2226883

Abstract

The US-Canada wood product trade is a longstanding dispute due to protectionist high-tariff policies, further exacerbated by COVID-19 restrictions on US production and exports. This study investigates the J-curve effect at the US state level, revealing that only 11 US states support the asymmetric J-curve for wood products, whereas 10 US states support the asymmetric inverse J-curve (shown in Appendix 2 online). Furthermore, high tariffs imposed by the US improved trade balances for only three states, implying that the high-tariff policy did not enhance the US wood-based trade balance with Canada.

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Gocer, I., Ongan, S. & Karamelikli, H. 2023, 'The US state-level wood product-based bilateral trade balances with Canada under the protectionist US trade policy, COVID-19, and economic policy uncertainty', International Trade Journal, 37(5), pp. 544-568. https://doi.org/10.1080/08853908.2023.2226883

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DOI: https://doi.org/10.1080/08853908.2023.2226883

Repository URI: https://strathprints.strath.ac.uk/87062/