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

B. Smith and R. Dardis

American Journal of Agricultural Economics, 1972, vol. 54, issue 2, 209-216

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.

Date: 1972
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