Mohamadou L. Fadiga

Welfare Analysis of the Dominican Republic-Central America-United States Free Trade Agreement: The Cotton Textile and Apparel Industries

This article studies the effects of the Dominican Republic-Central America-United States Free Trade Agreement (US-CAFTA-DR) on the world fiber market using a partial equilibrium modeling approach. We find the effect of the agreement on the U.S. cotton yarn and Caribbean cotton apparel industries to be positive while the U.S. cotton apparel industry suffers significant losses. Cotton apparel producers in the Caribbean region gain approximately

Price asymmetry in the US fibre markets

80 million under US-CAFTA-DR while gains by the U.S. yarn industry average about

A multivariate unobserved component analysis of US housing market

120 million over current trade arrangements. The U.S. cotton apparel industry loses about

Forecasting Agricultural Commodity Prices with Asymmetric-Error GARCH Models

40 million per year under US-CAFTA-DR.

US consumer purchasing decisions and demand for apparel

In this article, price linkages between cotton and polyester markets are investigated. After determining that the causality is present in both the directions, the nature of the price linkages was studied. The results suggest that polyester price responds asymmetrically to cotton price changes, whereas asymmetric response from cotton price to changes in polyester price is found to be weak. The results also did not support the hypothesis of contemporaneous effects between the polyester and cotton prices.