On the impact of US subsidies on world cotton prices: a meta-analysis approach
AbstractDespite the vast literature dealing with the impact of the subsidies on world cotton prices, there is no consensus regarding the quantification of these effects. The aim of this paper is to contribute to this literature through the implementation of a meta-regression analysis. This methodology allows us to: (i) identify the main sources of heterogeneity between the primary studies, (ii) give some tracks to improve the modeling, (iii) provide a reliable quantification of the removal of subsidies on world cotton prices. Relying on the estimation of various models to derive robust results, our findings show that a withdrawal of US subsidies would increase the world cotton price by around 10%.
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Bibliographic InfoPaper provided by University of Paris West - Nanterre la Défense, EconomiX in its series EconomiX Working Papers with number 2010-26.
Length: 10 pages
Date of creation: 2010
Date of revision:
Meta-Regression Analysis; Mixed Effect Sizes; Cotton; Subsidies; Agriculture;
Find related papers by JEL classification:
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
This paper has been announced in the following NEP Reports:
- NEP-AGR-2010-12-04 (Agricultural Economics)
- NEP-ALL-2010-12-04 (All new papers)
- NEP-PKE-2010-12-04 (Post Keynesian Economics)
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