Authors: Imad Eldin Elfadil Abdel Karim, Dieter Kirschke
Addresses: Faculty of Agriculture, Department of Agricultural Economics, University of Khartoum, 13314, Sudan. ' Agricultural Policy Section, Humboldt University of Berlin, Philippstr. 13, 10099 Berlin, Germany
Abstract: In this paper, the impact of full liberalisation of world cotton markets on Sudan and some selected African countries was estimated. Last version of Agricultural Trade Policy Simulation Model was applied. The results indicate that the liberalisation of cotton markets will lead to an increase in the world market price of cotton, which will have positive impact on the production and trade of the selected countries. Also, a moderate gain for the cotton producers and total welfare is registered. The removal of distorted policies from cotton markets could bring a greater benefit for Sudan and African countries.
Keywords: world cotton markets; cotton market liberalisation; Sudan; cotton trade; partial-equilibrium analysis; market prices.
World Review of Entrepreneurship, Management and Sustainable Development, 2009 Vol.5 No.3, pp.299 - 310
Published online: 26 Jun 2009 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article