Fadiga, Mohamadou L.; Mohanty, Samarendu; Pan, Suwen - In: Agricultural Economics Review 06 (2005) 2
This study uses a stochastic simulation approach based on a partial equilibrium structural econometric model of the world fiber market to examine the effects of a removal of U.S. cotton programs on the world market. The effects on world cotton prices and African export earnings were analyzed....