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Impacts of an export tax on growth in the cotton and yarn markets were examined. Results of a simulation show that the export tax on raw fiber decreased the rate of growth in the fiber sector by 80%, and also decreased growth in yarn production by 0.7%.
Persistent link: https://www.econbiz.de/10005807299
This analysis uses a residual demand elasticity model to measure market power in the international cotton market. The results indicate that China exerts significant market power and affects cotton prices. Those results, combined with a partial equilibrium model of the international cotton...
Persistent link: https://www.econbiz.de/10008855297
This paper analyzed the effects of the U.S. domestic offset program on the world cotton markets using a partial equilibrium model following the assumption given by Brown et al. (2010). The results in our study are largely similar to those of Baker et al. and Brown et al., confirming that...
Persistent link: https://www.econbiz.de/10008922631
The effect of a Chinese minimum wage increase on China’s textile market as well as on the world cotton market is evaluated. Based on a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) model of China’s textile demand, the results suggest that the income elasticity for textiles is...
Persistent link: https://www.econbiz.de/10009020945
While the elimination of the Multifibre Arrangement (MFA) was presumed to be a net global benefit because it represented an elimination of a distortionary set of trade agreements, it was based on the assumption that the underlying global trading regime was based on free trade principles....
Persistent link: https://www.econbiz.de/10009326619
Persistent link: https://www.econbiz.de/10008643493
Persistent link: https://www.econbiz.de/10008643611
In this paper, we take the yield impacts of Schlenker and Roberts (2009), specifically on cotton, under a range of uniform temperature changes and apply it to a global fiber model to map changes in cotton production and prices. Although we use the 2011-2020 time period, the results should be...
Persistent link: https://www.econbiz.de/10011069650
Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010
Persistent link: https://www.econbiz.de/10008800796
The World Trade Organization (WTO) negotiations could have important implications for Southern Agriculture. This paper explores some of the issues surrounding the WTO negotiations for cotton. Specifically, this paper examines the impacts of the phase-out of the Multi-Fiber Arrangement (MFA) on...
Persistent link: https://www.econbiz.de/10005525328