1 A GENERAL EQUILIBRIUM ANALYSIS OF THE ECONOMIC IMPACT OF THE CANADIAN SOFTWOOD LUMBER TARIFF ON THE WASHINGTON ECONOMY
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Bibliographic record
Abstract
Gilbert (Utah State) during the study. We thank Tom Wahl (IMPACT Center, WSU) for providing data and financial support. 2 A sixteen-sector computable general equilibrium model of the Washington economy was used to analyze the effects of the tariff on Canadian softwood lumber imposed in May 2002. Model results indicate that the tariff generates a 0.5 percent increase in Washington lumber output. Lumber imports from Canada decline by 26 percent, while the rest of the US lumber imports from Washington State increase by 5 percent. This illustrates an important distinction between national and regional trade policy analysis. At the state level, there are opportunities to substitute imports from the rest of the US for taxed foreign imports and thus moderate the negative economic impact of lumber tariff. Just as the lumber industry is advantaged by the tariff, the lumber using industries are damaged by the tariff. Counterfactual output reductions ranged between 0.5 percent and 1.5 percent in the downstream industries. On balance, once the Washington economy adjusts to a new equilibrium, the predicted change in gross state product is a very modest loss of roughly 0.002 percent
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Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.001 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.001 | 0.000 |
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