COTTON EXPORTS: ANALYSIS OF THE RELATIONSHIPS BETWEEN SALES AND SHIPMENTS

Elias T. Ayuk and Fred J. Ruppel

Southern Journal of Agricultural Economics, 1988, vol. 20, issue 01, 11

Abstract: Relationships between cotton export sales and export shipments are examined, and a quarter-specific lag structure is estimated. Two econometric systems are estimated, one employing export shipments and the other using export sales. Results indicate that sales are more sensitive to changes in economic variables than shipments and that stocks net of outstanding export sales are more responsive to price and interest rate changes than gross stocks. Sales and shipments are different variables and cannot substitute for one another in econometric modelling. Use of export sales data should be considered in estimation of export demand and stock demand parameters.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 1988
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/29703/files/20010159.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29703

DOI: 10.22004/ag.econ.29703

Access Statistics for this article

More articles in Southern Journal of Agricultural Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().