Abstract
AbstractThe effects of the Canada‐U.S. exchange rate, the U.S. pulp price, and the domestic use of pulp on the Canadian pulp price are investigated using a cointegration analysis. Results suggest that the U.S. pulp price is more important than other variables in determining the price of pulp in Canada. The incomplete pass‐through of the exchange rate indicates that Canadian pulp producers may not have market power to increase their price of pulp. The temporary increase in the price of Canadian pulp in response to a devaluation of the Canadian dollar may be due to short‐term contracts which Canadian pulp producers have with their importers.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
