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Russian Roundwood Exports: The Effects of Tariffs on the Finnish Border Economy
Abstract:Two economic geographers based in Finland use time series analysis and an inputoutput model to evaluate the economic effects of tariffs imposed on Russian roundwood exports on the economy of a Finnish border region heavily dependent on Russian timber supplies. The authors demonstrate the serious economic consequences of the possible cessation of Finnish imports after 2009, by analyzing the depths of the impacts on the regional economy, and options for compensating for the loss of supplies through increased domestic timber harvesting. They place the impacts of the protectionist Russian policy in the broader context of the dynamics and vulnerabilities of border economies, particularly those dependent on imported raw materials. Journal of Economic Literature, Classification Numbers: F13, F14, L70, L73, O18, R10. 4 figures, 6 tables, 48 references.
Keywords:Finland  Russia  China  forest sector  roundwood  pulp-paper industry  sawmill industry  tariffs  exports  imports  economic development  protectionism  rural geography  input-output analysis
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