publication . Article . 2004

Market Power and Unites States Sectoral Textile Imports

S Shahnawaz;
Open Access
  • Published: 01 Jan 2004 Journal: Economic Issues, volume 9, issue 2 September, pages 69-84
Abstract
This paper estimates US textiles import elasticities with 20 of its largest textiles exporters by utilizing cointegration methodology. The soon-to-be-implemented abolition of quotas on textiles makes the study of these import elasticities especially relevant to many developing countries particularly to those that have a significant textiles component in their exports. The study uses disaggregated data (4 digit ISIC) to separately consider seven textiles sub-sectors and calculates income and price elasticities for each one. While China appears to be in a position of significant market power in a majority of the textiles sub-sectors examined in this paper, the est...

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