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| Mohanty, Samarendu; Fang, Cheng; Chaudhary, Jagadanand. |
| This paper uses a modified policy analysis matrix (PAM) approach to assess the efficiency of cotton production in five major producing states in India. The results indicate that cotton is not efficiently produced in the second-largest cotton-producing state in the country. Without government interventions in this state, it is likely that acreage will move away from cotton to more profitable crops such as sugarcane and groundnut. In addition, we conclude that cotton is not the most efficiently produced crop in the other four states; however, there is at least one crop in each state that is less efficiently produced than cotton. These findings suggest that Indian policies directed at maintaining the availability of cheap cotton for the handloom and textile... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries. |
| Ano: 2002 |
URL: http://purl.umn.edu/18465 |
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| Fadiga, Mohamadou L.; Mohanty, Samarendu; Chaudhary, Jagadanand. |
| The paper examines the price dynamics in the U.S. fiber market using error correction version of Granger causality test. Monthly prices are used to examine short-run and long-run price relationships simultaneously. Before specifying causal equations, time series properties of the prices are tested and are found to be first difference stationary and cointegrated. The causality results suggest weak lead-lag relationship between cotton and polyester prices in either direction. However, strongest relation is instantaneous feedback (within a month) between cotton and polyester prices. It may be interpreted from these results that any shock to the equilibrium relationships is mostly restored within a month. In addition, highly significant error correction terms... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Production Economics. |
| Ano: 2003 |
URL: http://purl.umn.edu/35071 |
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| Mohanty, Samarendu; Fang, Cheng; Chaudhary, Jagadanand. |
| This paper uses a modified policy analysis matrix (PAM) approach to assess the efficiency of cotton production in five major producing states in India. The results indicate that cotton is not efficiently produced in the second largest cotton producing state in the country. Without government interventions, it is likely that acreage will move away from cotton to more profitable crops such as sugarcane and groundnut in this state. In addition, it is also concluded that cotton is not the most efficiently produced crop in the other four states; however, there is at least one crop in each state which is less efficiently produced than cotton. These findings suggest that Indian policies directed at maintaining the availability of cheap cotton for the handloom and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cotton; PAM; India; Efficiency; Agricultural and Food Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/53142 |
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