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Using cointegration, we examined the cotton price relationship among six developing countries and the US. We found evidence for market linkage among some developing countries and the US. A higher degree of international market participation and participation in the same regional economic integration movement are factors that affect integration by developing countries in the international cotton market. Staple length of cotton is also confirmed to affect market integration. |
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©National Cotton Council, Memphis TN |
Document last modified Monday, Jun 21 1999
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