Browsing by Author "Luitel, Kishor P."
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Item Economic potential for cotton utilization in alternative nonwoven textile technologies(2012-08) Luitel, Kishor P.; Hudson, Darren; Ethridge, Dean; Chidmi, BenaissaCotton fiber is one of the most widely used fibers in the textile industry. In the U.S., despite increases in exports and production, the decline in domestic use of cotton has been the cause for some concern in the cotton industry. The use of synthetic fiber is increasing, replacing cotton fiber in textile industry. Nonwovens are the fastest growing sector of the textile industry. Nonwovens are engineered fabrics that are a combination of traditional textiles, paper and plastic. Nonwoven textile products are largely found in products related to hygiene, medical/surgical products, wipes, filters, shoes, in coating/laminated substrates, electronics, automotive textiles, geotextiles, furnishing and bedding, construction, padding and others. This study focuses on evaluating the economic potential for cotton fiber in nonwoven textiles by analyzing the nonwoven products and technologies that could use cotton and examines the price sensitivity of cotton compared with its substitute fibers. Data was collected through an online survey conducted among the nonwoven products producing firms. The study shows that cotton has prospect in the production of absorbent and hygienic, medical/surgical and health care, personal care and wipes products. It is technically feasible to use cotton in nonwoven textiles but economics is the limitation, in terms of price, volatility in price, and processing cost for impurities on the cotton fiber. The price of cotton fiber is not sensitive to its substitute fibers except for acrylic fiber. The cotton using firms are willing to pay a little more to use cotton than non-cotton using firms, compared to substitute fibers of cotton.Item Essays on crop insurance choices in the agricultural act of 2014 for cotton farmers(2016-05) Luitel, Kishor P.; Hudson, Darren; Knight, Thomas O.; Carpio, Carlos E.; Westfall, Peter H.The Agricultural Act of 2014 present’s new crop insurance policies decision for cotton farmers. The objective of the study is to understand the impact of new crop insurance policy options for the cotton farmer decision regarding risk management strategies within and across two different farm policy regimes. This study analyzes farmers risk management decision behaviors through a simulation approach and a stated preference approaches. Some of the new policies in the Agricultural Act of 2014 are ability to differentiate insurance product and coverage level for irrigated and non- irrigated, shallow loss insurance products and Yield Exclusion. These new policies helps farmers to manage their agricultural production risk more specifically; however, this increase policies choices may also make the insurance decision making process more complex. This study suggests that the optimal underlying insurance policy is the Revenue Protection at a 75% coverage level. This optimal choice is the same for both high and low productive farms, even with the Yield Exclusion. However, Yield Exclusion increases the per acres benefit when enrolled in any insurance products and coverage levels. The advantages of shallow loss insurance are mostly in higher coverage level and the ability to assess the expected county yield and farm yield. Over the coming years, farmers will efficiently assess these factors and utilize the benefits of shallow loss insurance and Yield Exclusion. Even though this study suggests there is a difference in the coverage level choice for irrigate and non-irrigated cotton, in coming years it will be clearer as we get more information. Due to the complexity of the new insurance policy, there should be awareness program for farmers to help them participate and understand the policy.Item Implications and evaluation of crop insurance choices for cotton farmers under the 2014 farm bill(2018) Luitel, Kishor P.; Hudson, Darren (TTU); Knight, Thomas (TTU)The Agricultural Act of 2014 introduced new crop insurance policies to manage agricultural risk, especially to cotton farmers. A representative farm panel was used to elicit the yield distribution of the farm, county, and correlation. Results suggest that the optimal underlying insurance policy is Revenue Protection at a 75% coverage level for both high- and low-productivity farms even with a Yield Exclusion provision. The Stacked Income Protection Plan benefit is mostly attributable to a higher insurance premium subsidy. For any crop, efficient agricultural risk management can be achieved through understanding the guaranteed yield and its relation to the farm and county yield.