When a ban is not a ban: The case of British Columbia's log export restrictions

This paper uses a partial equilibrium trade model to evaluate British Columbia's (BC) log export restrictions. The results of a recently published paper on the topic rely on two key assumptions. They assumed BC has a ban on log exports and that any incremental BC log exports will not affect the world price for logs. This note uses the same data, but a more nuanced model, to show that from BC's perspective unlimited log exports is not necessarily preferred to a policy allowing limited log exports.