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The Impacts Of U.S. Cotton Programs On The West And Central African Countries Cotton Export Earnings

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  • Fadiga, Mohamadou L.
  • Mohanty, Samarendu
  • Pan, Suwen

Abstract

This study uses a stochastic simulation approach based on a partial equilibrium structural econometric model of the world fiber market to examine the effects of a removal of U.S. cotton programs on the world market. The effects on world cotton prices and African export earnings were analyzed. The results suggest that on average an elimination of U.S. cotton programs would lead to a marginal increase in the world cotton prices thus resulting in minimal gain for cotton exporting countries in Africa.

Suggested Citation

  • Fadiga, Mohamadou L. & Mohanty, Samarendu & Pan, Suwen, 2004. "The Impacts Of U.S. Cotton Programs On The West And Central African Countries Cotton Export Earnings," 2004 Annual meeting, August 1-4, Denver, CO 20312, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20312
    DOI: 10.22004/ag.econ.20312
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    1. Richardson, James W. & Klose, Steven L. & Gray, Allan W., 2000. "An Applied Procedure For Estimating And Simulating Multivariate Empirical (Mve) Probability Distributions In Farm-Level Risk Assessment And Policy Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(2), pages 1-17, August.
    2. Bruce A. Babcock & John C. Beghin & Jacinto F. Fabiosa & Stephane De Cara & Amani Elobeid & Cheng Fang & Chad E. Hart & Murat Isik & Holger Matthey & Alexander E. Saak & Karen Kovarik & FAPRI Staff, 2002. "Doha Round of the World Trade Organization: Appraising Further Liberalization of Agricultural Markets, The," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 02-wp317, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. Mr. Louis M. Goreux & Mr. Paul R Masson & Mr. Dhaneshwar Ghura & Mr. Ousmane Badiane, 2002. "Cotton Sector Strategies in West and Central Africa," IMF Working Papers 2002/173, International Monetary Fund.
    4. Mr. Stephen Tokarick, 2003. "Measuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium," IMF Working Papers 2003/110, International Monetary Fund.
    5. Nicholas Minot & Lisa Daniels, 2005. "Impact of global cotton markets on rural poverty in Benin," Agricultural Economics, International Association of Agricultural Economists, vol. 33(s3), pages 453-466, November.
    6. repec:ags:joaaec:v:32:y:2000:i:2:p:299-315 is not listed on IDEAS
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    Cited by:

    1. Fadiga, Mohamadou L. & Mohanty, Samarendu & Pan, Suwen & Welch, Mark, 2006. "U.S. Proposal for WTO Hong Kong Ministerial Conference: What's at Stake for Cotton Producers?," 2006 Annual meeting, July 23-26, Long Beach, CA 21273, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. David Guerreiro, 2010. "Une méta-analyse de l’impact des subventions sur le prix mondial du coton," Économie et Prévision, Programme National Persée, vol. 195(4), pages 111-125.
    3. Shepherd, Ben, 2006. "Estimating Price Elasticities of Supply for Cotton: A Structural Time-Series Approach," MPRA Paper 1252, University Library of Munich, Germany.
    4. David Guerreiro, 2009. "Une méta-analyse de l’impact des subventions sur le prix mondial du coton," Working Papers hal-04140843, HAL.
    5. David Guerreiro, 2010. "On the impact of US subsidies on world cotton prices: a meta-analysis approach," Working Papers hal-04140900, HAL.

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    More about this item

    Keywords

    Agricultural and Food Policy; Crop Production/Industries;

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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