Stochastic Analysis of World Cotton Outlook Addendum to the 2007/08-2017/18 Baseline
2008
Files
Details
Title
Stochastic Analysis of World Cotton Outlook Addendum to the 2007/08-2017/18 Baseline
Keywords
The cotton market baseline analysis released in 2008 (Ethridge et al.) provided critical
information about the future of the world cotton market over the next ten years (2007/02-
2017/18). It is based on a deterministic approach that utilizes the world fiber model developed
by the Cotton Economics Research Institute (CERI) at Texas Tech University (Pan et al. 2004).
The world fiber model is a multi-country multi-sector partial equilibrium model that includes the
world’s 24 major cotton importing and exporting countries and regions. While the deterministic
model provides the best available point estimates of potential market outcomes; it does not reveal
information about the underlying variability of these markets over time.
Subject(s)
Issue Date
2008-12
Publication Type
Report
DOI and Other Identifiers
10.22004/ag.econ.53140
Record Identifier
https://ageconsearch.umn.edu/record/53140
PURL Identifier
http://purl.umn.edu/53140
Total Pages
32
Series Statement
CERI
TR08-01
TR08-01