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Factors Affecting the Domestic Mill Consumption of Cotton

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  • Lowenstein, Frank

Abstract

Analyses of fluctuations in cotton consumption based on pre-1940 data must be modified in the light of recent experience. In particular, rayon has now become a highly important and measurable influence on the consumption of cotton by domestic mills. This article presents estimates of the effects on cotton consumption of cotton prices, rayon consumption, and industrial activity, during the years 1921 to 1940 and 1947 to 1950. The paper also considers problems of measuring and forecasting the growth of rayon consumption itself.

Suggested Citation

  • Lowenstein, Frank, 1952. "Factors Affecting the Domestic Mill Consumption of Cotton," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 4(2), pages 1-8, April.
    • Handle: RePEc:ags:uersja:143524
    DOI: 10.22004/ag.econ.143524
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    Cited by:

    1. Shui, Shangnan & Beghin, John C., 1990. "Technical Change And The Derived Demand For Cotton In The U.S. Textile Industry," 1990 Annual meeting, August 5-8, Vancouver, Canada 270881, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Bateman, William Lanny & Stennis, Earl A., 1978. "Application Of Price Elasticities To Farm Policy Analysis," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(2), pages 1-5, December.
    3. Ray, Daryll E., 1973. "The Use Of Extraneous Information In The Development Of A Policy Simulation Model," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 5(1), pages 1-8, July.
    4. Capps, Oral, Jr. & Williams, Gary W., 2006. "The Economic Effectiveness of the Cotton Checkoff Program," Reports 90753, Texas A&M University, Agribusiness, Food, and Consumer Economics Research Center.
    5. Beach, Robert H. & Murray, Brian C. & Piggott, Nicholas E. & Wohlgenant, Michael K., 2002. "Interaction Effects Of Promotion, Research, And Price Support Programs For U.S. Cotton," 2002 Annual meeting, July 28-31, Long Beach, CA 19803, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Ding, Lily & Kinnucan, Henry W., 1996. "Market Allocation Rules For Nonprice Promotion With Farm Programs: U.S. Cotton," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(2), pages 1-17, December.

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    Keywords

    Crop Production/Industries;

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