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SUBSTITUTION IN THE BRAZILIAN WOOD-BASED PANELS EXPORTS

ABSTRACT

In this paper the substitution elasticity model - ES was used to analyze the price competitiveness and the world market participation in the Brazilian wood-based panels exports - plywood, fiberboard, particle board and veneer - in the years 1995 to 2000. The empirical results show that the exported Brazilian woodbased panels have low ES among them, not being good substitutes one to the others, and also low ES in the world exports, not being good substitutes for the other world exports and the main country exporters, except the plywood for Indonesia and Malaysia.

Key words:
wood-based panels; exports; substitution

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