THE ELASTICITY OF EXPORT DEMAND FOR UNITED-STATES COTTON Academic Article

abstract

• The conceptually relevant elasticity for policy analysis is the total export demand elasticity, which takes into account feedback effects of the U.S. price on other countries prices. In this paper, a total export demand elasticity for U.S. cotton is estimated in an extended Armington framework. The results indicate that the export demand facing the United States is probably elastic; however, estimated total demand elasticities are considerably less elastic than the estimated direct demand elasticities, which do not account for feedback effects resulting from finite excess supply elasticities in the rest of the world. 1990 American Agricultural Economics Association.

authors

• Richardson, James

published proceedings

• AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS

author list (cited authors)

• DUFFY, P. A., WOHLGENANT, M. K., & RICHARDSON, J. W.

citation count

• 24

complete list of authors

• DUFFY, PA||WOHLGENANT, MK||RICHARDSON, JW

publication date

• May 1990

publisher

• Wiley  Publisher

published in

• American Journal of Agricultural Economics  Journal

Digital Object Identifier (DOI)

• 10.2307/1242350

start page

• 468

end page

• 474

volume

• 72

issue

• 2

URL

• http%3A%2F%2Fdx.doi.org%2F10.2307%2F1242350