Durmaz, Nazif and Thompson, Henry (2010): US Cotton Exports to Textile Producers: The Effects of Bilateral Exchange Rates.
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This paper estimates exchange rate sensitivity since the 1970s of US cotton exports to three textile producers with floating or regularly adjusting exchange rates: Bangladesh, Indonesia, and Thailand. The import market model includes mill use, US production cost, an alternate supply, and the Asian financial crisis. Exchange rate behavior and sensitivity varies considerably across the three importers. Aggregation of the three importers in fact hides market behavior. Changes in the rate of depreciation have stronger effects than depreciation itself.
|Item Type:||MPRA Paper|
|Original Title:||US Cotton Exports to Textile Producers: The Effects of Bilateral Exchange Rates|
|Keywords:||Cotton imports, exchange rates|
|Subjects:||Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q17 - Agriculture in International Trade
F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade
F - International Economics > F3 - International Finance > F31 - Foreign Exchange
|Depositing User:||Nazif Durmaz|
|Date Deposited:||10. Jul 2010 01:23|
|Last Modified:||13. Feb 2013 19:26|
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Awokuse, Titus and Yan Yuan (2006) “The Impact of Exchange Rate Volatility on U.S. Poultry Exports,” Agribusiness 22, 233-45.
Buluswar, Murli, Henry Thompson, and Kamal Upadhyaya (1996) “Devaluation and the Trade Balance in India: Stationarity and Co-integration,” Applied Economics, 429-32.
Byard, Budry, Li Chen, and Henry Thompson (2007) “Free Trade and a Case of Local Tomato Production,” with Budry
Bayard and Li Chen, Agricultural Economic Review, 69-78. Copeland, Cassandra and Henry Thompson (2007) “Lost Protection and Wages: Some Time Series Evidence for the US,” International Review of Economics and Finance.
Cotton Research and Development Corporation (2003) “An Analysis of the Exchange Rate on Cotton Prices,” Centre for International Economics.
Raines, Gary (2002) “Exchange Rates and Patterns of Cotton Textile Trade,” Journal of Textile and Apparel, Technology and Management 2, 1-7.
Schuh, G. Edward (1974) “The Exchange Rate and U.S. Agriculture,” American Journal of Agricultural Economics 56, 1-13.
Shane, Matthew, Terry Roe, and Agapi Somwaru (2006) “Exchange Rates, Foreign Income, and US Agriculture,” Center for International Food and Agriculture, University of Minnesota.
Thompson, Henry and Kamal Upadhyaya (1998) “The Impact of the Exchange Rate on Local Industry,” Economia Internationale, 101-13.
Xie, Jinghua, Henry Kinnucan, and Øystein Myrland (2009) “The Effects of Exchange Rates on Export Prices of Farmed Salmon,” Marine Resource Economics 23, 439-57.
Available Versions of this Item
Textile Producer Cotton Imports and the Exchange Rate. (deposited 07. Apr 2010 05:49)
- US Cotton Exports to Textile Producers: The Effects of Bilateral Exchange Rates. (deposited 10. Jul 2010 01:23) [Currently Displayed]