scholarly journals DETERMINANTS OF WORLD COTTON PRICE DOES MARKET CLEAR

2017 ◽  
Vol 5 (18) ◽  
Author(s):  
Ahmet Salih Ikız ◽  
Sefa Erkuş
Keyword(s):  
World Cotton ◽  
Cotton Price

scholarly journals ANALYSIS OF THE IMPACT OF MACROECONOMIC POLICIES ON TEXTILE INDUSTRY AND ITS PRODUCTS IN INDONESIA

2011 ◽  
Vol 13 (4) ◽  
pp. 357-390 ◽  
Author(s):  
Iwan Hermawan
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Wage Rate ◽  
Textile Industry ◽  
World Market ◽  
World Cotton ◽  
Macroeconomic Policies ◽  
Factors Affecting ◽  
Cotton Price ◽  
The Impact

Textile and textile’s product play an important role in the Indonesian economy. During the last five years, however, share of these industries and commodities to gross domestic product tend to decrease. The objectives of this study are to analyze factors affecting Indonesian textile and textile’s product, and the prospect of Indonesian textile and textile’s product in the future. Results of the study show that domestic textile production was affected by world cotton price and wage rate, while the domestic garment production was affected by wage rate in the garment sector. Indonesia’s textile export to world market was influenced by domestic textile price, and Indonesia’s export garment was influenced by exchange rate (Rp/US$). Indonesian textile demand was affected by wage rate and domestic garment demand was affected by income per capita of Indonesia. In general, the prospect of Indonesian textile and textile’s product seems not too good. In fact, Indonesian textile and textile’s product had depended on high import cotton, investment, and exchange rate. So why, economy policies are still needed to accelerate Indonesian textile and textile’s product developmentJEL Classification: C53, E60, F43, and F4.Keywords: export, open economy, forecasting, simulation, textile and textile’s product.

International Cotton Advisory Committee

1952 ◽  
Vol 6 (2) ◽  
pp. 337-338
Keyword(s):  
Advisory Committee ◽  
Balance Of Payments ◽  
Fiscal Year ◽  
World Cotton ◽  
Cotton Production ◽  
Standing Committee ◽  
Plenary Meeting ◽  
Underdeveloped Countries ◽  
Work Program ◽  
Cotton Price

The tenth plenary meeting of the International Cotton Advisory Committee met at Lahore, Pakistan, from February 1 to 9, 1951. The meeting was attended by representatives of nineteen member governments and by observers from seven other governments and the Organization for European Economic Cooperation. An increased budget and work program for the 1951–1952 fiscal year was approved and the secretariat was instructed to continue publication of the “Monthly Review of the World Cotton Situation” and the “Quarterly Statistical Bulletin” as well as undertaking certain other projects. Members were requested to provide the secretariat with cotton statistics and to consider the possibility of “further practical measures for the improvement of their raw cotton price information.” The secretariat was further requested, under the supervision of the Standing Committee, to continue its statistics and research on an international cotton agreement by preparing information on prices, production, exports, imports, consumption and stocks, and by consideration of the problem of the constitution of buffer stocks of cotton. The Standing Committee was requested to keep the balance of payments situation under review and to report to the eleventh plenary meeting in case of a serious deterioration. In connection with the cotton shortage, the meeting resolved to call the attention of the agencies concerned with technical and financial assistance, to the fact that the promotion of increased yields in cotton production in underdeveloped countries “would be very beneficial.”

scholarly journals ANALISIS DAMPAK KEBIJAKAN MAKROEKONOMI TERHADAP PERKEMBANGAN INDUSTRI TEKSTIL DAN PRODUK TEKSTIL INDONESIA

2011 ◽  
Vol 13 (4) ◽  
Author(s):  
Iwan Hermawan
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Open Economy ◽  
Wage Rate ◽  
World Market ◽  
World Cotton ◽  
Textile Production ◽  
Factors Affecting ◽  
Cotton Price ◽  
Per Capita

Textile and textile’s product play an important role in the Indonesian economy. During the last five years, however, share of these industries and commodities to gross domestic product tend to decrease. The objectives of this study are to analyze factors affecting Indonesian textile and textile’s product, and the prospect of Indonesian textile and textile’s product in the future. Results of the study show that domestic textile production was affected by world cotton price and wage rate, while the domestic garment production was affected by wage rate in the garment sector. Indonesia’s textile export to world market was influenced by domestic textile price, and Indonesia’s export garment was influenced by exchange rate (Rp/US$). Indonesian textile demand was affected by wage rate and domestic garment demand was affected by income per capita of Indonesia. In general, the prospect of Indonesian textile and textile’s product seems not too good. In fact, Indonesian textile and textile’s product had depended on high import cotton, investment, and exchange rate. So why, economy policies are still needed to accelerate Indonesian textile and textile’s product development.JEL Classification: C53, E60, F43, and F4.Keywords: export, open economy, forecasting, simulation, textile and textile’s product.

Computer prediction of cotton and sporting goods prices in e-commerce environment based on ARIMA model

2021 ◽  
pp. 002072092098370
Author(s):  
Huijun Jiang ◽  
Xinke Leng ◽  
Myeong-cheol Choi
Keyword(s):  
Process Management ◽  
Rapid Development ◽  
Arima Model ◽  
Future Price ◽  
Computer Prediction ◽  
Production Sector ◽  
Cotton Price ◽  
Economic Decision Making ◽  
Short Run ◽  
Sporting Goods

In the current society, e-commerce is enjoying extremely rapid development, with a goal of helping enterprises smooth their production process, management process and trade process. China has always been the center of world's garment industry, especially in the production sector of sportswear, in which it has become the world's sportswear production outsourcing center and an important market. In this paper, time series analysis method is used to analyze the weekly data of settlement price of common cotton price (unit: yuan/ton) from March 3rd, 2003 to May 7th, 2012 in China. ARIMA (2,1,3) model is established to fit and predict the future price of Chinese sportswear. The fitting results show that the prediction effect of the model is quite impressive, that in a short run, the settlement price of ordinary blended Cotton price will continue to rise. This result can provide certain reference for enterprises closely related to sportswear production enterprises, to seek profits and avoid disadvantages, and grasp the initiative of economic decision-making to win profits for enterprises.

scholarly journals Functional Form Model Specification: An Application to Hedonic Pricing

1995 ◽  
Vol 24 (2) ◽  
pp. 166-173 ◽  
Author(s):  
Jeff E. Brown ◽  
Don E. Ethridge
Keyword(s):  
Functional Form ◽  
Hedonic Pricing ◽  
Hedonic Model ◽  
Model Specification ◽  
Estimation Accuracy ◽  
Hedonic Price ◽  
Partial Regression ◽  
Cotton Price ◽  
Residuals Analysis ◽  
Form Model

A combination of conceptual analysis and empirical analysis—partial regression and residuals analysis—was used to derive an appropriate functional form hedonic price model. These procedures are illustrated in the derivation of a functional form hedonic model for an automated, econometric daily cotton price reporting system for the Texas-Oklahoma cotton market. Following conceptualization to deduce the general shapes of relationships, the appropriate specific functional form was found by testing particular attribute transformations identified from partial regression analysis. Minimizing structural errors across attribute levels and estimation accuracy were used in determining when an appropriate functional form for both implicit and explicit prices was found.

Turkmenistan

2019 ◽  
pp. 125-154
Author(s):  
Richard Pomfret
Keyword(s):  
National Economy ◽  
Economic Liberalization ◽  
World Cotton ◽  
Energy Prices ◽  
Basic Goods ◽  
Central Asian ◽  
World Markets ◽  
Transition Strategies ◽  
Central Asian Countries ◽  
The Government

This chapter assesses the national economy and transition strategies of Turkmenistan. Among all the former centrally planned economies, Turkmenistan has regularly ranked last by transition indicators measuring speed of reform or degree of economic liberalization. Indeed, apart from the cotton and gas exports, Turkmenistan remained the most closed and least reformed of the Central Asian countries during the 1990s and early 2000s. In the years after independence, Turkmenistan could sell its cotton on world markets, and like Uzbekistan benefited from buoyant world cotton prices until 1996. Exacerbated by falling output, cotton export revenues declined sharply; like Uzbekistan but with a delay, Turkmenistan imposed draconian forex controls in 1998. After the 2014–2016 collapse in energy prices, Turkmenistan was left in a vulnerable position, facing lower global energy prices, to which the government responded by reducing subsidies on basic goods and strengthening exchange controls.

Cotton Price Prediction: An Artificial Intelligence Based Solution

2021 ◽  
Author(s):  
Praveen Ayyappa ◽  
Preethi Reddy ◽  
Anusha Vajha ◽  
Sandeep Venkat
Keyword(s):  
Artificial Intelligence ◽  
Price Prediction ◽  
Cotton Price
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