Throughout a century of log exports from the Pacific Northwest, export logs have been associated with higher prices than logs sold in the domestic market. Conventional wisdom currently maintains this perception that any export log is worth more than its domestic counterpart. The export-domestic difference, or export premium, seems to belie reason. Why would foreign buyers be willing to pay more than U.S. customers for the same log. In reality, do they. If they do, why do offshore purchasers not shift to inland logs, so that the premium would dwindle. Discussed here are circumstances that do and do not foster a continuing export premium.
Export Premium: Why Some Logs Are Worth More Abroad
1993
25 pages
Report
Keine Angabe
Englisch
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