Cotton Quality Price Differentials From Textile Mills' Perspective: An Update
Abstract
This paper investigates price discounts and premiums paid
for cotton quality attributes by textile manufacturers for
three US cotton producing regions. Data collected from
textile firms in the 1997/98 marketing year (1997 crop) was
used in hedonic price models to estimate the quality
premiums and discounts for cotton from the South,
Southwest, and San Joaquin Valley regions. The analysis
found significant differences in price differentials across the
regions under study for that year.