Theory and analysis of price information and its importance have typically assumed that the information is correct. Additionally, most analyses have centered on general price information assuming homogeneous products. This paper examines the implications of incorrect price information on the...

Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010

This analysis uses a residual demand elasticity model to measure market power of the international cotton market. The results indicate that both china and U.S. dominate the cotton price with a higher market power in china compared to the U.S. Those test results combined with a partial...

The Food, Conservation, and Energy Act of 2008 was passed into law on May 22, 2008 with veto override votes in the House of Representatives and the Senate (House 2008). A difference between the 2002 and the 2008 bills is the newly instituted revenue-based counter-cyclical program called the...

The implications of and export tax on sectoral economic growth in the cotton and yarn sectors in Pakistan are examined. Pakistan utilized an export tax on raw cotton fiber from 1988-1995 in order to lower input cost to domestic yarn spinners. The growth effects are simulated based on the results...

Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010