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Stock Accumulation, Export Demand, and Appropriate Export Prices for Egyptian Extra Long Staple Cotton

机译：埃及特长棉的库存积累，出口需求和适当的出口价格

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摘要

The recent rapid accumulation of unsold Egyptian cotton stocks is becoming a serious problem. The paper explores the possibility of alleviating the stock problem by increasing exports. Accordingly, three export demand functions for Egyptian extra-long staple cotton were estimated, each with somewhat different implications about the responsiveness of importing market economies to changes in price. A major limitation to determining whether stock accumulation is due to overproduction or overpricing is that only a one-or-two-year time horizon was considered, i.e., the analysis was static and of the short run.

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