Pan, Suwen; Hudson, Darren; Ethridge, Don E. - In: eJADE: electronic Journal of Agricultural and … 11 (2010) 2
This analysis uses a residual demand elasticity model to measure market power in the international cotton market. The … results indicate that China exerts significant market power and affects cotton prices. Those results, combined with a partial … equilibrium model of the international cotton market, are used to evaluate the welfare consequences of U.S. cotton subsidy …