A review of the effects of Australian wool marketing initiatives on the associations between selected variables in the global wool market

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Kathryn A Brown (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/
Kilduff Peter

Abstract: "Wool, one of the oldest textile fibers, remains an important textile fiber today. However, wool has been in relative decline for more than 100 years, in the process, shifting from a commodity to a luxury good. Nearly a quarter of a century has passed since the last two significant studies on wool consumption were published - Tisdell's (1977) review of the global wool market and Kirby and Dardis's (1992) analysis of demand for textile fibers in the United States textile industry. There is a need to expand and update the literature. In particular, research is needed that tests the association of a broader array of demand and supply-side variables with fiber consumption. This research employs independent variable analysis and odds ratio analysis techniques to build upon previous studies' explorations of the associations between key independent variables and changes in global mill consumption of Australian wool from 1981 to 2001. Results suggest that fiber prices have the strongest association with Australian wool consumption. Findings also suggest that the associations between the variables reviewed and Australian wool consumption vary greatly across changing periods of wool marketing programs."--Abstract from author supplied metadata.

Additional Information

Language: English
Date: 2005
wool, textile fibers, commodity, wool consumption, demand, supply side variables, wool marketing programs
Wool industry--Australia

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