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SCOPUS 학술저널

Alabama Forest Products and the Potential Impacts of FTAA Price Changes

Alabama Forest Products and the Potential Impacts of FTAA Price Changes

The Free Trade Area of the Americas FTAA will increase import competition for some forest product industries in Alabama but create export opportunities for others. Forest products loom large in the Alabama economy, both in terms of income and pollution. The present paper gauges the potential impacts of a range of price changes for forest products in an applied specific factors model of production. Pollution adjusts with forest product outputs. The potential impacts on outputs, capital returns, and pollution are substantial. Anticipated price changes also raise the wage and lower energy demand.

Ⅰ. Introduction

Ⅱ. A Brief Introduction to the Applied Specific Factors Model

Ⅲ. Factor Shares, Industry Shares, and Substitution

Ⅳ. Comparative Static Properties of the Forest Products Model

Ⅴ. Potential Factor Price Adjustments in FTAA

Ⅵ. Potential Output and Pollution Adjustments in FTAA

Ⅶ. Conclusion

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