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Textile Manufacturers' Market Valuation of Cotton Fiber Attributes

Author

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  • Chen, Changping
  • Ethridge, Don E.
  • Fletcher, Stanley M.

Abstract

This study provides an analysis of the price-quality relationships of U.S. cotton using primary data collected from textile manufacturers, the end users of fiber. Hedonic prices of fiber attributes are estimated for three production regions—West, South Central, and South—over the 1992–95 study period. Results indicate that cotton price is determined by quality attributes and nonquality factors in the end-use market. There are similarities and differences in valuation of fiber attributes based on region of origin of the cotton.

Suggested Citation

  • Chen, Changping & Ethridge, Don E. & Fletcher, Stanley M., 1997. "Textile Manufacturers' Market Valuation of Cotton Fiber Attributes," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 29(1), pages 185-195, July.
    • Handle: RePEc:cup:jagaec:v:29:y:1997:i:01:p:185-195_00
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    Cited by:

    1. Jung, Sangnyeol & Lyford, Conrad P., 2007. "Positioning Cotton in the Market for Quality: An Application of Market Segmentation for West Texas," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34989, Southern Agricultural Economics Association.
    2. Lyford, Conrad P. & Jung, Sangnyeol & Ethridge, Don E., 2004. "Mill-Level Price Estimates For U.S. Cotton Quality," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34644, Southern Agricultural Economics Association.
    3. MacDonald, Stephen & Naik, Gopal & Landes, Rip, 2010. "Markets, Institutions, and the Quality of Agricultural Products: Cotton Quality in India," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61854, Agricultural and Applied Economics Association.
    4. Zhigang WANG & Shi ZHENG & H. Holly WANG & S. LIANG, 2010. "Determinants of agricultural chemical price in China's export-oriented vegetable production area," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 56(1), pages 32-42.
    5. N. Koffi Amegbeto & Victor M. Manyong & Ousmane Coulibaly & Robert Asiedu, 2008. "Estimating market demand for fresh yam characteristics using contingent valuation: implications for crop breeding and production choices," Agricultural Economics, International Association of Agricultural Economists, vol. 39(3), pages 349-363, November.

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