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Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010
Persistent link: https://www.econbiz.de/10009446350
Exchange rates have long been thought to have an important impact on the export and importof goods and services, and, thus, exchange rates are expected to influence the price of thoseproducts that are traded. At the same time, energy impacts commodity production in somevery important ways. The...
Persistent link: https://www.econbiz.de/10009446401
This analysis uses a residual demand elasticity model to measure market power of the international cotton market. The results indicate that both china and U.S. dominate the cotton price with a higher market power in china compared to the U.S. Those test results combined with a partial...
Persistent link: https://www.econbiz.de/10010913563
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
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
Persistent link: https://www.econbiz.de/10008546391
Exchange rates have long been thought to have an important impact on the export and import of goods and services, and, thus, exchange rates are expected to influence the price of those products that are traded. At the same time, energy impacts commodity production in some very important ways....
Persistent link: https://www.econbiz.de/10005103133
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
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