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Cotton Price Interdependence in the Developed and Developing Countries

Jian Yang and David J. Leatham


 
ABSTRACT

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.



Reprinted from Proceedings of the 1999 Beltwide Cotton Conferences pp. 284 - 286
©National Cotton Council, Memphis TN

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Document last modified Monday, Jun 21 1999