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A Market-Share Approach to the Foreign Demand for U. S. Cotton

Author

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  • Ghazi Sirhan
  • Paul R. Johnson

Abstract

Direct estimation of export and import demand elasticities has plagued analysts with statistical problems. Here it is proposed to adopt a market-share model for the estimation of such elasticities. The share of a market, rather than quantity, is considered to be a function of the prices of competitors in the market. Such elasticities have been estimated for U. S. cotton in the United Kingdom and West Germany. These elasticities are more in accord with a priori reasoning than previous estimates.

Suggested Citation

  • Ghazi Sirhan & Paul R. Johnson, 1971. "A Market-Share Approach to the Foreign Demand for U. S. Cotton," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 593-599.
    • Handle: RePEc:oup:ajagec:v:53:y:1971:i:4:p:593-599.
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    File URL: http://hdl.handle.net/10.2307/1237822
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    Citations

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    Cited by:

    1. Monke, Eric, 1981. "International Market Demand for Cotton: A Survey of the Literature," Working Papers 232851, University of California, Davis, Agricultural Development Systems: Egypt Project.
    2. Davison, Cecil W. & Arnade, Carlos A., 1989. "Export Elasticities for US and Brazilian Soyabeans: Weighted-Market-Share Approach," 1989 Occasional Paper Series No. 5 197664, International Association of Agricultural Economists.
    3. Lin, Biing-Hwan & Herrmann, Mark, 1987. "An Economic Analysis Of Atlantic Salmon Markets," A.E. Research Series 305059, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    4. Lin, Biing-Hwan & Mori, Hiroshi & Jones, James R. & Gorman, William D., 1988. "Effects Of Trade Liberalization On Market Shares And Imports In The Japanese Beef Market," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270411, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. repec:ags:ucdegw:232851 is not listed on IDEAS
    6. Denbaly, Massoud Said Mark, 1984. "U. S. monetary policy and the exchange rate: effects on the world coarse grain market," ISU General Staff Papers 198401010800008753, Iowa State University, Department of Economics.
    7. Richardson, James W. & Duffy, Patricia A. & Wohlgenant, Michael K., 1986. "An Analysis Of Export Expansion Programs For Cotton," 1986 Annual Meeting, July 27-30, Reno, Nevada 278131, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Gong, Shang-Chi, 1988. "The Taiwanese livestock and feedgrain markets and policies," ISU General Staff Papers 198801010800009845, Iowa State University, Department of Economics.
    9. Yanagishima, Koji & Womack, Abner W., 1992. "Distorted U.S. Cotton Export Demand Under Textile Import Control," WAEA/ WFEA Conference Archive (1929-1995) 321378, Western Agricultural Economics Association.
    10. Arnade, Carlos A. & Davidson, Cecil W., 1986. "Export Demand for U.S. Wheat," 1986 Annual Meeting, July 27-30, Reno, Nevada 278099, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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