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Registros recuperados: 287
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Is Investment in Agricultural Research a Good Substitute for Price Support in U.S. Cotton? AgEcon
Pan, Suwen; Wang, Changgang; Hudson, Darren.
This article examines the effects of R&D on cotton yield and relationship between R&D and commodity support programs. The results indicate that yield elasticities with respect to cotton R&D is around 0.2-0.5 based on different regions. It further indicates that R&D increases government expenditures when both commodity programs and R&D funding exist. However, if the future WTO Doha negotiations rules out the possibility of price support programs, increasing R&D funding may provide one of the solutions for farmers to recover their income with 5-6 years lag.
Tipo: Conference Paper or Presentation Palavras-chave: Cotton; R&D; Commodity support programs; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2010 URL: http://purl.umn.edu/61608
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Industry Organization and Output Size Distribution of Cotton Gins in the U.S. AgEcon
Mutuc, Maria Erlinda M.; Hudson, Darren.
With cotton output declining by 46 percent from 2005-2008 (from 23.89 M bales in 2005 to 12.8 M bales in 2008), gins are processing less cotton. This paper examines how output size distribution of cotton gins in the U.S. has evolved and the extent to which the developments in the U.S. ethanol industry, specifically the passage of the Energy Policy Act in 2005 (and its subsequent revisions), have influenced this structural process. Markov transitional probability matrices (TPMs) are estimated for two periods: 1994-2004 and 2005-2008 to determine changes in output size distribution of gins. TPMs indicate that relative to the pre-2005 period, gins had a greater propensity to process lower outputs after 2005. It is purported that in industries constrained...
Tipo: Conference Paper or Presentation Palavras-chave: Cotton; Cotton gins; Transitional probabilities; Markov; Minimum efficient scale; Agricultural and Food Policy; Crop Production/Industries; Industrial Organization; Q10; Q12; L11.
Ano: 2010 URL: http://purl.umn.edu/56424
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Simulation of Alternative Marketing Strategies for U.S. Cotton AgEcon
Elrod, Christopher P.; Robinson, John R.C.; Richardson, James W..
Three marketing strategies (selling a put option, cash sale at harvest, and cash sale in June) are simulated based on historical values and ranked based on certainty equivalents for a representative irrigated and dryland cotton farm Scenario analysis is also used to compare varying yield values.
Tipo: Conference Paper or Presentation Palavras-chave: Simulation; Marketing; Cotton; Risk; Marketing; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/6885
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Prices Paid to Cotton Farmers: How Does Zambia Compare to its African Neighbors? AgEcon
Tschirley, David L.; Kabwe, Stephen.
1. Zambia has paid among the best nominal seed cotton prices to farmers in SSA since 1995. 2. By a more refined measure (share of FOT), during 1995-1999, Zambia paid prices comparable to those in Tanzania (a very competitive sector), and substantially higher than in Mozambique and WCA. However, from 2000-2005, Zambia's pricing performance fell, and exceeded only Zimbabwe and Mozambique in our sample 3. The recently announced reference price for 2008 of ZKW 1,200/kg of seed cotton was negotiated and jointly announced by ginners and farmers. It amounts to about 53% of FOT at current exchange rates and Index A prices; about equal to recent shares received by farmers in Zambia, but well below levels in WCA and Tanzania. 4. What “rules of the game” are...
Tipo: Report Palavras-chave: Food security; Food policy; Zambia; Cotton; Crop Production/Industries; Q20.
Ano: 2007 URL: http://purl.umn.edu/54634
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Chinese Tariff Rate Quota v.s. U.S. Subsidies: What Affects the World Cotton Market More? AgEcon
Pan, Suwen; Welch, Mark; Mohanty, Samarendu; Fadiga, Mohamadou L.; Ethridge, Don E..
Paper replaced with new version 8/17/05
Tipo: Conference Paper or Presentation Palavras-chave: Cotton; International trade; Subsidies; TRQ; International Relations/Trade; Q11; Q17.
Ano: 2005 URL: http://purl.umn.edu/19111
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The Role of Institutional Environments on Technical Efficiency: A Comparative Stochastic Frontier Analysis of Cotton Farmers in Benin, Burkina Faso, and Mali AgEcon
Theriault, Veronique.
This paper examines the role of institutional environments on cotton farmer technical efficiency scores in Benin, Burkina Faso, and Mali using a stochastic frontier production approach. First, the key institutional changes that have occurred with the recent market-oriented reforms are discussed. Then, farm efficiency per country is measured using cross-sectional data collected by the Cotton Sector Reform Project of the Africa, Power, and Politics Programme in 2009. Results from a one-stage estimation procedure suggest that while no technical inefficiency exists in Benin, an average technical efficiency of 69% and 46% is found in Burkina Faso and Mali, respectively. Agricultural development policies focusing on reducing the inefficiency at the farm level in...
Tipo: Conference Paper or Presentation Palavras-chave: Cotton; Technical Efficiency; Institutional Changes; Reforms; Benin; Burkina Faso; Mali; Agricultural and Food Policy; Consumer/Household Economics; Crop Production/Industries; Institutional and Behavioral Economics; International Development; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/103436
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Effects of Alternative Lime Application Rates on Cotton Profitability with Varying Cover Crops, Nitrogen, and Tillage Methods. AgEcon
Cochran, Rebecca L.; Larson, James A.; Roberts, Roland K.; Tyler, Donald D..
Soil acidity and cotton yields are influenced by cover crop, nitrogen, and tillage method. Applying half the recommended lime rate may be possible without reducing cotton yields. Using a nitrogen intensive cover crop and applying less nitrogen should mitigate the effects on soil acidity and yields.
Tipo: Conference Paper or Presentation Palavras-chave: Cover crops; Cotton; Lime; Nitrogen; Profitability; Soil acidity; Tillage; Crop Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/35569
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The U.S. Seed Industry: An Exploration of Statistics Highlighting the Economic Activity of the U.S. Row Crop Seed Industry AgEcon
Roucan-Kane, Maud; Gray, Allan W..
This report presents relevant statistics that highlight the economic activity of the U.S. seed industry. The focus of this report is on the four main U.S. crops: corn, soybean, wheat, and cotton. The report contains three sections. The first is related to the U.S. seed market’s size based on seed sales and expenditures. The second section examines industry investment in research and development (R&D) activity in terms of both budget and human resources. The final section illustrates the impact of the seed industry in terms of intellectual property development, improved productivity, and other benefits. This report focuses on using publicly available data to examine these three areas. In addition, the report presents the results of a survey conducted...
Tipo: Working or Discussion Paper Palavras-chave: Seed industry; Field crops; Biotechnology; Herbicide-tolerant crops; Bt crops; Corn; Soybeans; Cotton; Wheat.; Agribusiness; L11; L16; L65; O33; O34; Q16.
Ano: 2009 URL: http://purl.umn.edu/52549
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Evaluating Crop and Revenue Insurance Products as Risk Management Tools for Texas Cotton Producers AgEcon
Field, James E.; Misra, Sukant K.; Ramirez, Octavio A..
This paper develops and illustrates the application of a procedure to evaluate and compare the cost effectiveness of alternative crop insurance products for cotton in terms of their effect on expected producer net returns and the variation of net returns. Farm unit-level cotton yields and state-level price distributions are estimated by a multivariate nonnormal parametric modeling procedure and used to simulate the net returns to alternative crop insurance products over a 10-year planning horizon. The ranking of alternative insurance products using third-degree stochastic dominance is presented for Texas cotton producers.
Tipo: Journal Article Palavras-chave: Cotton; Crop insurance; Multivariate nonnormal parametric modeling; Stochastic dominance; C5; Q1.
Ano: 2003 URL: http://purl.umn.edu/37314
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Reconciling Theoretical Hedging Models with the Experience of Cotton Merchants in March 2008 AgEcon
Janzen, Joseph P..
Analysis of the cotton futures price spike and its effects on commercial hedgers suggest that we do not completely understand the behavior of markets and firms in periods of extreme volatility. After presenting the story of the cotton futures price spike, this paper argues that explanations related to the funding liquidity of firms and the liquidity of the markets themselves may help us better understand market volatility. A simple model of futures market equilibrium in the presence of liquidity constraints demonstrates how prices can spike as fast as they did and why such spikes can drive firms to exit.
Tipo: Conference Paper or Presentation Palavras-chave: Futures; Hedging; Liquidity constraints; Cotton; Agribusiness; Financial Economics.
Ano: 2010 URL: http://purl.umn.edu/61453
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Urgent Need for Effective Public-Private Coordination in Zambia’s Cotton Sector. Deliberations on the Cotton Act. AgEcon
Tschirley, David L.; Kabwe, Stephen.
Cotton is an unquestioned success of Zambia’s turn towards a market economy. Yet the entry over the past two years of new players has put the sector under great stress and may have pushed it to a turning point. Now more than ever, effective “rules of the game” are urgently needed to protect Zambia’s remarkable cotton success story. Other countries in southern and eastern Africa have seen dramatic declines in input credit and extension to farmers, and in cotton quality, when competition among ginning firms intensified in the absence of suitable rules of the game. The focus in Zambia must be on establishing broadly accepted rules of the game that ensure honest competition that does not undermine input credit, extension, and cotton quality.
Tipo: Report Palavras-chave: Food security; Food policy; Zambia; Cotton; Production; Marketing; Crop Production/Industries; Q20.
Ano: 2007 URL: http://purl.umn.edu/54627
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Measuring the impacts of distortions in the European Union cotton sector: a partial equilibrium analysis using the ATPSM model framework AgEcon
Gadanakis, Yiorgos; Baourakis, George; Clapan, Carmen.
The “cotton issue” has been a topic of several academic discussions for trade policy analysts. However the design of trade and agricultural policy in the EU and the USA has become a politically sensitive matter throughout the last five years. This study utilizing the Agricultural Trade Policy Simulation Model (ATPSM) aims to gain insights into the global cotton market, to explain why domestic support for cotton has become an issue, to quantify the impact of the new EU agricultural policy on the cotton sector, and to measure the effect of eliminating support policies on production and trade. Results indicate that full trade liberalization would lead the four West African countries to better terms of trade with the EU. If tariff reduction follows the...
Tipo: Working or Discussion Paper Palavras-chave: Cotton; European Union; West African Countries; Partial Equilibrium; Trade Policy; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/7285
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Do U.S. Cotton Subsidies Affect Competing Exporters? An Analysis of Import Demand in China AgEcon
Muhammad, Andrew; McPhail, Lihong Lu; Kiawu, James.
We estimate the demand for imported cotton in China and assess the competitiveness of cotton-exporting countries. Given the assertion that developing countries are negatively affected by U.S. cotton subsidies, our focus is the price competition between the United States and competing exporters (Benin, Burkina Faso, Chad, Mali, India, and Uzbekistan). We further project how U.S. programs affect China’s imports by country. Results indicate that if U.S. subsidies make other exporting countries worse off, this effect is lessened when global prices respond accordingly. If subsidies are eliminated, China’s cotton imports may not fully recover from the temporary spike in global prices.
Tipo: Article Palavras-chave: China; Cotton; Import demand; Rotterdam model; Subsidies; United States; West Africa; International Relations/Trade; F17; Q11; Q17.
Ano: 2012 URL: http://purl.umn.edu/123786
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U.S. Agricultural Export Credits after the WTO Cotton Ruling: The Law of Unintended Consequences AgEcon
Benitah, Marc.
The recent WTO cotton ruling has led to a paradoxical result for the United States, a result that seems a textbook illustration of the "law of unintended consequences". Indeed, during the Uruguay Round negotiations of the present WTO agreements, the United States refused to put agricultural export credits in the category of agricultural export subsidies, where they would then have been subject only to reduction commitments. Paradoxically, the United States finds itself now in a position where these same agricultural export credits that it did not condescend to reduce during the Uruguay Round are openly considered as prohibited export subsidies. This article analyses and criticizes the tortuous legal path followed by the cotton panel before arriving at such...
Tipo: Journal Article Palavras-chave: Agreement on Agriculture; Brazil; Cotton; Doha Round; Export credits; Export subsidies; SCM; United States; WTO; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/23893
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Pathways to Improved Profitability and Sustainability of Cotton Cultivation at Farm Level in Africa: an Approach to Addressing Critical Knowledge Gaps AgEcon
Kelly, Valerie A.; Boughton, Duncan; Magen, Benjamin B..
In 2009, the World Bank published a comparative study of cotton sector reforms, based on detailed case studies carried out during 2007/08 in nine of Africa’s main cotton producing countries. The purpose of the study was to draw practical insights from the diversity of experiences in institutional reforms of cotton sectors and to better understand the strengths and weaknesses of the different types of sectors operating in Africa, the likely effects of specific types of policy change, and the possible ways forward. This paper develops a concept note for additional research that would address the perceived weaknesses of the earlier work. The underlying hypothesis of the proposed study is that technology research, farmer training, and policy and institutional...
Tipo: Working or Discussion Paper Palavras-chave: Africa; Cotton; Sustainability; Profitability; Agricultural and Food Policy; Food Security and Poverty.
Ano: 2011 URL: http://purl.umn.edu/101163
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THE WORLD TRADE ORGANIZATION AND SOUTHERN AGRICULTURE: THE COTTON PERSPECTIVE AgEcon
Hudson, Darren.
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 the location of textile production and cotton trade flows. Generally, it is believed that the WTO negotiations will have little direct impact on cotton, but will have indirect impacts through textile policy.
Tipo: Working or Discussion Paper Palavras-chave: Cotton; WTO; Trade; Textiles; MFA; International Relations/Trade.
Ano: 2000 URL: http://purl.umn.edu/15804
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Measuring the Relative Profitability of Mid-South Cotton Production from an Alternative Gin Seed Rebate Model AgEcon
Fannin, James Matthew; Paxton, Kenneth W..
The purpose of this paper is to assess the opportunity returns forgone to cotton producers in the lower Mid-South region of the United States for growing cotton, compared to alternative commodities. We calculate the actual net returns per acre for selected cotton-producing counties in Arkansas, Louisiana, and Mississippi. In addition, we calculate the opportunity returns per acre if the acres planted in cotton were planted in the highest net return commodity per acre between corn and soybeans during the period 1997 through 2008. Our results find that producers in these cotton producing-counties faced sizeable opportunity revenues foregone averaging 43% between 2003 and 2008. Most observers of the cotton industry would argue that these foregone revenues are...
Tipo: Conference Paper or Presentation Palavras-chave: Cotton ginning; Returns above variable costs; Cotton; Corn; Soybeans; Production Economics; Q10.
Ano: 2011 URL: http://purl.umn.edu/98794
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Framework and Initial Analyses of Fertilizer Profitability in Maize and Cotton in Zambia AgEcon
Donovan, Cynthia; Damaseke, M.; Govereh, Jones; Simumba, D..
Inorganic fertilizers will play a role in government programs, but whether or not a single policy is valuable for all farmers depends upon the net gain for the farmers. The research here seeks to demonstrate how to answer the question “Is fertilizer profitable in Zambia for maize and cotton in the smallholder sector?” This study identifies the key components determining profitability and then sets up a framework to evaluate the probability of farmers to obtain profitable results with fertilizer use on maize and cotton. Several cases are selected and the results are evaluated. Private profitability for the farmer at market prices is discussed, leaving social profitability to other researchers. A simple method for farmers and extensionists to use to...
Tipo: Report Palavras-chave: Food security; Food policy; Zambia; Maize; Cotton; Fertilizer; Agribusiness; Q18.
Ano: 2002 URL: http://purl.umn.edu/54606
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A Socio-Economic Survey in the Province of Nampula: Cotton in the Smallholder Economy AgEcon
Ministry of Agriculture and Rural Development, Directorate of Economics, Republic of Mozambique
Tipo: Working or Discussion Paper Palavras-chave: Food security; Food policy; Mozambique; Cotton; Crop Production/Industries; Food Security and Poverty; Q18.
Ano: 1991 URL: http://purl.umn.edu/55990
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The Effects of Domestic Offset Programs on the Cotton Market AgEcon
Pan, Suwen; Hudson, Darren; Mutuc, Maria Erlinda M..
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 study’s findings that ACES, and its domestic offset program in particular, would cause increases in the domestic prices of several agricultural commodities. However, the overall effects of this increase in the world price on total world trade is tempered by increased exports from India, Brazil, Uzbekistan, Australia, and Western & Central African countries.
Tipo: Conference Paper or Presentation Palavras-chave: Offset program; Cotton; Agricultural and Food Policy; International Relations/Trade; Q170; Q180.
Ano: 2011 URL: http://purl.umn.edu/98557
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