@article{Rossi:6621, recid = {6621}, author = {Rossi, Frederick J. and Schmitz, Andrew and Schmitz, Troy G.}, title = {U.S. Cotton Subsidies: Drawing a Fine Line on the Degree of Decoupling}, journal = {Journal of Agricultural and Applied Economics}, address = {2007-04}, number = {1379-2016-112904}, pages = {15}, year = {2007}, abstract = {The impact of the U.S. cotton policy depends on several interrelated factors; how input subsidies interact with producer price supports, producer price expectations, and the extent to which price supports are decoupled from production. Cotton subsidies have a direct impact on world cotton prices, depending on the extent to which price supports are coupled to production. At one extreme, there is a price impact of 12.4% when producers make decisions at the loan rate, but the average price impact is 20.9% when producers make decisions based on the target price. Results are presented for intermediate cases of decoupling.}, url = {http://ageconsearch.umn.edu/record/6621}, doi = {https://doi.org/10.22004/ag.econ.6621}, }