Economics and Marketing
Panel Data Analysis of U.S. Cotton Yields for 2002-2011
Pages: 170-173
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Technological innovation in agriculture allows increased production while maintaining inputs at sustainable levels. Cotton yield increases, an annual average of 2.5% from 2002-2011, have been accompanied by acreage decreases. This research develops an aggregate U.S. cotton yield model based upon relevant variables identified in previous research. Results indicate that yield increases are attributable to technology and are not only due to acreage shifts that leave more productive land in cotton production.
