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Interfiber Competition in Textile Mills Over Time

Published online by Cambridge University Press:  28 April 2015

Ping Zhang
Affiliation:
Department of Agricultural & Applied Economics, University of Georgia, Department of Agricultural Economics, Texas Tech University
Stanley M. Fletcher
Affiliation:
Department of Agricultural & Applied Economics, University of Georgia, Department of Agricultural Economics, Texas Tech University
Don E. Ethridge
Affiliation:
Department of Agricultural & Applied Economics, University of Georgia, Department of Agricultural Economics, Texas Tech University

Abstract

Cotton and synthetic fiber competition in textile mills between 1961-1990 was examined using a time-varying parameter regression model. Results indicate that the structure of demand for cotton is not stable and cotton's share responses to changes in the prices of cotton and synthetic fiber vary over time. Cotton and synthetic fiber competition in textile mill use is essentially between cotton and noncellulosic fiber. Cellulosic fiber is not a cotton competitor.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 1994

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