Expanding Export Markets

Expanding Export Markets
Author: A. L. Hammett
Publisher: Routledge
Total Pages: 186
Release: 2017-10-17
Genre: Business & Economics
ISBN: 135158698X

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Originally published in 1996. In order to increase exports and expand profits, U. S. manufacturers must be able to adapt to changing competitive pressures. This book presents methods to quantify competition and help predict profitability to help hardwood lumber manufacturers adapt to changing market conditions based on three research studies. This title will be of interest to students of environmental economics.

Regional Economic Analysis of the U.S. Wood Remanufacturing Industry

Regional Economic Analysis of the U.S. Wood Remanufacturing Industry
Author: Hal K. Kingslien
Publisher:
Total Pages: 222
Release: 1995
Genre: Forest products industry
ISBN:

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This research provides state economic development planners and forest policy makers with new economic information about the wood remanufacturing industry. An overview describes each industry sector's employment, payroll size, and estimates of annual growth rates. This helps planners determine which sectors are likely to provide the most economic benefit to their region. A shift share analysis measures sector shifts from one state to another, indicating to planners their state's relative strengths and weaknesses. It provides them with a measure of their competitive advantage. Sector models, which try to explain the level of competitive advantage, help policy makers evaluate the potential results of alternative policies. This research first provides an overview of 20 wood remanufacturing industry sectors, such as Millwork, Wood Kitchen Cabinets, Wood Household Furniture and others. The sectors are quite diverse with respect to size, wage levels, wood usage, and growth trends. Wood Office Furniture, Millwork, Structural Wood Members, Wood Partitions and Fixtures, and Wood Kitchen Cabinets were the strongest growing sectors in terms of employment, payroll, value added, and shipments. Second is a regional analysis of the eight major sectors, five from the Standard Industrial Classification (SIC) code group Lumber and Wood Products (SIC 24) and three from Furniture and Fixtures (SIC 25). Sector concentration is described and shift-share analysis determined industry sector shifts between states. The Wood Office Furniture sector is the most geographically concentrated sector and Millwork is the least concentrated. Third, modified shift share measured each state's competitive advantage to attract each sector's wood remanufacturing employment. A state's competitive advantage was found to be positively related to local market growth, negatively related to increasing wages, and have a mixed relationship with shifts in the state's quantity of lumber produced. A state's competive advantage for Wood Partitions and fixtures varies with its shift in share of lumber production but a state's competitive advantage for Millwork employment varies inversely with its shift in share of lumber production. Fixed proportion production technology in the first case and input substitution in the second are offered as explanations for the opposing relationships.

Research Paper PNW.

Research Paper PNW.
Author:
Publisher:
Total Pages: 418
Release: 1978
Genre: Forests and forestry
ISBN:

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