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The Economic Effectiveness of the Cotton Checkoff Program AgEcon
Capps, Oral, Jr.; Williams, Gary W..
This report is an empirical analysis of the effectiveness of the marketing/promotion, nonagricultural research, and agricultural research activities associated with the cotton checkoff program over the period of 1986/87 through 2004/05. The analysis is based on a multi-equation, econometric, non-spatial, price equilibrium simulation model of U.S. and foreign fiber markets using annual data. The key average annual impacts of the cotton checkoff program on U.S. and foreign cotton and man-made fiber markets and their associated textile markets are reported. The results show that the returns to cotton producers as well as to cotton importers from the cotton checkoff program are positive. The average discounted benefit-cost ratios (BCR) for the cotton checkoff...
Tipo: Report Palavras-chave: Cotton; Cotton Checkoff; Checkoff Program; Cotton Program; Crop Production/Industries; Demand and Price Analysis; Marketing.
Ano: 2006 URL: http://purl.umn.edu/90753
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