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Congressional Bargaining in Agriculture: Cotton

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  • Barry C. Field

Abstract

Bargaining among sectional cotton interests in Congress was particularly intense in 1953–54, when a substantial reduction had to be made in the national allotment and then allocated to the various cotton-producing states. Due largely to congressional constraints on committees to achieve some mutually satisfactory aggregation of preferences, this event can be treated as a two-person, mixed-motive bargaining game between eastern and western cotton interests. Through a series of offers and counteroffers, a final solution was reached such that each 1-percent acreage reduction in the east was accompanied by a 2-percent reduction in the west. Furthermore, these final "terms of trade" are the same as were reached in a similar instance of bargaining among cotton interests in 1949, implying some stability in the congressional bargaining process through the course of time.

Suggested Citation

  • Barry C. Field, 1968. "Congressional Bargaining in Agriculture: Cotton," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 50(1), pages 1-12.
    • Handle: RePEc:oup:ajagec:v:50:y:1968:i:1:p:1-12.
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    File URL: http://hdl.handle.net/10.2307/1237867
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    Cited by:

    1. Brandow, George E., 1977. "Policy for Commercial Agriculture, 1945-71," A Survey of Agricultural Economics Literature, Volume 1: Traditional Fields of Agricultural Economics 1940s to 1970s,, Agricultural and Applied Economics Association.
    2. Ernstes, David P. & Outlaw, Joe L. & Knutson, Ronald D., 1997. "Southern Representation In Congress And U.S. Agricultural Legislation," Policy Issues Papers 24031, Texas A&M University, Agricultural and Food Policy Center.
    3. Brandow, G.E., 1977. "PART III. Policy for Commerical Agriculture, 1945-71," AAEA Monographs, Agricultural and Applied Economics Association, number 337215, january.

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