Cotton performance response across value chain organizational structures in the African cotton sector
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- This thesis examines how value-chain organizational structures shape cotton supply responses to external structural shocks in Sub-Saharan Africa. Using annual data for 16 cotton-producing countries from 1975 to 2023, cumulative local projections are estimated for global economic activity, rest-of-world cotton supply, and oil-consumption demand shocks. The analysis shows responses across competition, ownership, and producer-price-setting regimes, while decomposing production into harvested area and yield. The results show limited evidence of a common response across countries but reveal heterogeneity across institutional structures, suggesting that the organization of cotton value chains is closely associated with how production adjusts to external shocks.