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A Simulation Analysis of Cotton Gin Financial Viability Under Risk
Principal Investigator: Phillip N. Johnson
The general objective of this study is to analyze cotton ginning firm's capacity decisions and financial viability given the variability and uncertainty of annual ginning volume.
- Evaluate the effect of stochastic cotton production on the financial viability of cotton gins;
- Evaluate the optimal gin plant size based on stochastic ginning volumes.
An Evaluation of the Organic Cotton Market Opportunity
Principal Investigators: Conrad P. Lyford, Roderick M. Rejesus
The overall goal of this project is to evaluate the organic market opportunity, with a specific focus on the Texas High Plains.
- Analyze comprehensively the potential economic costs, returns, and risks of organic cotton production in the Texas High Plains(with special emphases on the economic consequences of the transition requirement, the factors that affect a conventional cotton producer's decision to convert to organic production, and the risk aspect of organic cotton production)
- Analyze marketing channels and document how organic cotton production in the Texas High Plains is distributed, including what share of the organic cotton dollar is returned to the farmer
- Examine demand for US produced organic cotton
Analysis of the Impact of the Adoption of Bt Cotton In South Asia On World Cotton Markets
Co-Principal Investigators: Sukant Misra, Phillip N. Johnson
The general objective of this study is to estimate the impact on world supply, prices and trade of cotton as the adoption of Bt technology increases in South Asian countries, mainly India and Pakistan.
- Estimate the adoption rate of Bt technology by farmers in the study area.
- Estimate yield response functions of Bt cotton in study area.
- Estimate acreage response functions of cotton with the adoption of Bt cotton in study area.
- Estimate world supply/production and price of cotton under the scenario of increased adoption of Bt varieties.