The Impact of Technical Change, Scale Effects, and Forward Ordering on U.S. Fiber Demands
利用美国纺织业时间序列数据，估计包含技术变革和规模效应的投入成本份额系统，发现技术变革减少了天然纤维使用，非价格因素解释了天然纤维长期使用下降的70%。
Abstract This paper estimates a complete system of input cost shares in U.S. textile production, using time‐series data and a linear logit specification incorporating the impact of technical change and scale effects on derived demands for natural and manmade fibers. The specification accounts for forward ordering dynamics in the textile industry. Technical change has decreased natural fiber use in U.S. textile mills in favor of manmade fibers. Decomposition analysis of economic factors affecting long‐run use of natural versus manmade fiber indicates that nonprice factors account for 70% of the decline in long‐run natural fiber use.