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World Fibers Demand


  • Clements, Kenneth W.
  • Lan, Yihui


This paper analyses the world demand for fibers using the system-wide approach with three dimension—product X space X time. We investigate to what extent differences in international consumption patterns of fibers can be explained by differences in incomes and prices faced by different consumers. A novel approach to cross-country consumption comparisons is employed to avoid the troublesome problem of what exchange rates to use when converting data into a common currency unit. We use data from the ten largest consuming countries to estimate demand systems and then examine how they perform in predicting consumption patterns in a large number of out-of-sample countries.

Suggested Citation

  • Clements, Kenneth W. & Lan, Yihui, 2001. "World Fibers Demand," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(01), April.
  • Handle: RePEc:ags:joaaec:15298

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    References listed on IDEAS

    1. Barten, Anton P, 1993. "Consumer Allocation Models: Choice of Functional Form," Empirical Economics, Springer, vol. 18(1), pages 129-158.
    2. Dudley, George E., 1974. "U.S. Textile Fiber Demand: Price Elasticities in Major End-Use Markets," Technical Bulletins 158591, United States Department of Agriculture, Economic Research Service.
    3. Keller, W.J. & Van Driel, J., 1985. "Differential consumer demand systems," European Economic Review, Elsevier, vol. 27(3), pages 375-390.
    4. Selvanathan, E. Antony, 1985. "An even simpler differential demand system," Economics Letters, Elsevier, vol. 19(4), pages 343-347.
    5. Mues, Colin & Simmons, Phil, 1988. "The Effects of US Farm Policy on Australian Cotton Revenues," 1988 Conference (32nd), February 8-11, 1988, Melbourne, Australia 144045, Australian Agricultural and Resource Economics Society.
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    Cited by:

    1. Hoque, Ziaul & Farquharson, Robert J. & Taylor, Ian & Walker, Steve & Osten, Vikki & Jones, Randall E., 2003. "The economic cost of weeds in dryland cotton production systems of Australia," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57893, Australian Agricultural and Resource Economics Society.
    2. Suwen Pan & Mohamadou Fadiga & Samarendu Mohanty & Mark Welch, 2007. "Cotton In A Free Trade World," Economic Inquiry, Western Economic Association International, vol. 45(1), pages 188-197, January.
    3. Suwen Pan & Samarendu Mohanty & Mark Welch & Don Ethridge & Mohamadou Fadiga, 2007. "Effects Of Chinese Currency Revaluation On World Fiber Markets," Contemporary Economic Policy, Western Economic Association International, vol. 25(2), pages 185-205, April.
    4. James Fogarty, 2004. "The Own-Price Elasticity of Alcohol: A Meta-Analysis," Economics Discussion / Working Papers 04-01, The University of Western Australia, Department of Economics.


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