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Author: | Bernstein, J. |
Title: | Exports, margins and productivity growth: with an application to the Canadian softwood lumber industry |
Journal: | Review of Economics and Statistics
1994 : MAY, VOL. 76:2, p. 291-301 |
Index terms: | ECONOMICS WOOD INDUSTRY CANADA |
Language: | eng |
Abstract: | The purpose of this paper is to evaluate the allocative and dynamic efficiency of the Canadian softwood lumber industry by testing for the existence of price-cost margins and decomposing rates of total factor productivity (TFP) growth. A dynamic model of multiple output production and investment is developed in which output is sold domestically and exported. Price-cost margins are parameterized and estimated. |
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