MacDonald, Stephen (1997): Global End-Use Demand for Cotton: A Time-Varying Parameter Model. Published in: Proceedings of the Beltwide Cotton Conference , Vol. 1, : pp. 278-282.
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Abstract
A Cooley-Prescott model is used to estimate trends in income and price response of end-use demand for cotton in developed countries. By comparing trends in parameter variation between different groups of developed countries it is possible to develop hypotheses regarding the varying impact of product promotion and structural change between regions.
Item Type: | MPRA Paper |
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Original Title: | Global End-Use Demand for Cotton: A Time-Varying Parameter Model |
Language: | English |
Keywords: | demand, Cooley-Prescott, cotton, textiles |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q11 - Aggregate Supply and Demand Analysis ; Prices |
Item ID: | 70911 |
Depositing User: | Mr. Stephen MacDonald |
Date Deposited: | 23 Apr 2016 09:09 |
Last Modified: | 21 Oct 2019 15:01 |
References: | Alston, J.M., and Chalfant, J.A., 1991. Unstable Models from Incorrect Functional Forms. American Journal of Agricultural Economics. 1171-81. Capps, O., Bessler, D.A., Davis, G.C., and Nichols, J.P. 1996, Economic Evaluation of the Cotton Checkoff Program. NEC-63 Conference, Monterey, California. Cooley, T.F., and E.C. Prescott, 1976. Estimation in the Presence of Stochastic Parameter Variation, Econometrica 44: 167-84. International Cotton Advisory Committee, World Textile Demand (various issues). Parrott, S.D., and McIntosh, C.S. 1996. Nonconstant Price Expectations and Acreage Response: The Case of Cotton Production in Georgia, Journal of Agricultural and Applied Economics. 28: 203-10. Zhang, P., Fletcher, S.M., and Ethridge, D.E., 1994. Interfiber Competition in Textile Mills Over Time, Journal of Agricultural and Applied Economics. 26: 173-82. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/70911 |