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Textile Manufacturers' Market Valuation of Cotton Fiber Attributes

Published online by Cambridge University Press:  28 April 2015

Changping Chen
Affiliation:
Department of Agricultural and Applied Economics, University of Georgia
Don E. Ethridge
Affiliation:
Department of Agricultural and Applied Economics, Texas Tech University
Stanley M. Fletcher
Affiliation:
Department of Agricultural and Applied Economics, University of Georgia

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.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 1997

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