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Regional and Functional Disaggregation of the Cotton Industry in a National Input-Output Model

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  • Collins, Keith J.
  • Glade, Edward H.

Abstract

Various classes of models possess characteristics essential for commodity analysis. One class, input-output (I-O) models, can complement more widely used ommodity models, such as econometric and mathematical programming, which are often directed at a few specific production and use markets for the commodity under analysis. I-O models either formally linked with, or used independently of, these other models provide an analytical framework for examining macroeconomic adjustments to commodity market shocks. Further, I-O allows the tracing of resource flows to and from the commodity market and among all secondary markets. These characteristics suggest that a commodity-oriented I-O model ought to be a component of a package of models designed to provide complete coverage of a commodity for economic analysis.

Suggested Citation

  • Collins, Keith J. & Glade, Edward H., 1981. "Regional and Functional Disaggregation of the Cotton Industry in a National Input-Output Model," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 13(1), pages 111-118, July.
    • Handle: RePEc:cup:jagaec:v:13:y:1981:i:01:p:111-118_02
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