Evaluation of the Influence of Agricultural Price Policy on Cotton Production in Cote-d'lvoire
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In this paper the impact of the cotton pricing policy of the marketing board of Cote-d'Ivoire is
investigated. A theoretical model is developed to derive the price level which maximizes revenue
generated from the marketing board's cotton transactions. A dynamic cotton supply function was
estimated and used to compute elasticities. The estimates indicate that farmers in the Country
response to price changes and that the pricing policy of the marketing board has been consistent
with an objective of generating revenue for the government.