@article{Mutuc:96675, recid = {96675}, author = {Mutuc, Maria Erlinda M. and Pan, Suwen and Hudson, Darren}, title = {Response of Cotton to Oil Price Shocks}, address = {2010-02}, number = {1416-2016-117525}, year = {2010}, note = {Selected Paper prepared for presentation at the Southern Agricultural Economics Association Annual Meeting, Orlando, FL, February 6-9, 2010}, abstract = {This paper shows that the response of cotton prices in the U.S. to fluctuations in oil prices in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in the crude oil market. In the long-run, around 3 percent of the variability in cotton prices can be attributed to shocks to global demand for industrial commodities while none can be traced to oil supply shocks}, url = {http://ageconsearch.umn.edu/record/96675}, doi = {https://doi.org/10.22004/ag.econ.96675}, }