This thoughtful study traces the impact of southern cotton on most of the important facets of life in antebellum …"This thoughtful study traces the impact of southern cotton on most of the important facets of life in antebellum …

This study examines the price transmission between cotton prices in U.S., Indian, and Chinese futures markets. We focus … indicate the following: (a) the U.S. cotton futures market continues to be the most dominant market, and it leads price changes … in India and China; (b) the cotton prices in India also impacts the cotton prices in China as we report a unidirectional …