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Interfiber Competition in Textile Mills Over Time
Published online by Cambridge University Press: 28 April 2015
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.
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- Copyright © Southern Agricultural Economics Association 1994
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