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Inter-Fiber Competition and the Future of the United States Cotton Industry

Author

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  • B. Smith
  • R. Dardis

Abstract

Markov analysis is employed to investigate the competitive potential of the U. S. cotton fiber industry. Cotton's market share is projected to decline in 17 of the top 20 end uses examined though at a slower rate than in the past. Non-cellulosic, the major competitor, is projected to capture more than 50 percent of the market in 13 end uses. The results indicate the necessity for concerted action by the cotton industry if it is to recapture or even retain its market share. The long time horizons of many end uses provide time for planning and implementing programs designed to improve cotton's competitive position.

Suggested Citation

  • B. Smith & R. Dardis, 1972. "Inter-Fiber Competition and the Future of the United States Cotton Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 209-216.
    • Handle: RePEc:oup:ajagec:v:54:y:1972:i:2:p:209-216.
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    File URL: http://hdl.handle.net/10.2307/1238703
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    Cited by:

    1. Ethridge, Don E. & Roy, Sujit K. & Myers, David W., 1983. "Changes in the Structure of the Texas High Plains Cotton Ginning Industry, 1967-1999," Archive 259788, Texas Tech University, Department of Agricultural and Applied Economics.
    2. Ward, Lionel F. & King, Gordon A., 1973. "Interfiber Competition with Emphasis on Cotton: Trends and Projections to 1980," Technical Bulletins 158608, United States Department of Agriculture, Economic Research Service.

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