Author: Kristine C. Jackson

Publisher: Forgotten Books

Published: 2018-03-20

Total Pages: 764

ISBN-13: 9780267084050

Excerpt from Impacts of the Jones Act on the Alaska Forest Products Trade Alaska forest products trade flows for 1982 were studied to determine the effects of the Merchant Marine Act of 1920 (the Jones Act). Information was collected from timber producers, forest product industries, and waterborne shippers in Alaska, British Columbia, and the Pacific Northwest. Trade flows were simulated, using a partial equilibrium model based on resource rents, with and without the Jones Act restrictions. Results indicate that million in additional costs were incurred in 1982 because of the Jones Act. These effects appeared small, however, relative to the wholesale value of trade. Further, the Jones Act cost differential was not a major factor in market determination, although low-value products and longer trade routes were more sensitive to cost changes. Primary movements of logs and chips and lumber imports from the Pacific Northwest showed the greatest potential for cost savings after relaxing the Jones Act. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.