Timber markets in the U.S. are areas where timber prices tend to be uniform because of the continuous interactions of buyers and sellers. These markets are highly competitive, volatile, and change relentlessly. This report looks at how market interactions in the Pacific Northwest have responded to changes in underlying determinants of market behavior and government actions that have influenced supply or demand. Several messages emerge from timber markets about price reporting and changing definitions of price, long-term price trends, timber as an investment, impacts of market intervention, relations among different markets, and implications for future stewardship. Charts, tables and graphs.

This is the first book to center labor unions as actors in American environmental policy.

This title was first published in 2000: Examines core issues with respect to the effect of export restrictions, the impact on processing and welfare, the consequences of foreign ownership of the resource, and the possibility of utilizing export restrictions as a retaliatory strategy against escalating tariff structures. It also examines the impact of liberalization of processed good markets. The book employs a combination of formal general equilibrium modelling and counterfactual simulation using computable general equilibrium (CGE) tecniques, with the New Zealand forestry industry used as a case study throughout. The book makes a contribution to the literature in this field by incorporating foreign ownership into an extensive formal analysis of processing incentives, develooping a new CGE model of the New Zealand economy, utilizing this model to evaluate the costs of export restrictions, and utilizing the GTAP to provide insights into the possible effect of the APEC Early Voluntary Sector Liberalization strategy.