AN ECONOMIC EVALUATION OF COTTON AND PEANUT RESEARCH IN SOUTHEASTERN UNITED STATES



Table 3: Economic Surplus Measures for Cotton 1963-1995

Year

TOTAL
BENEFITS

ΔPS

ΔCS

1963

$ 220,594,912.37

$51,981,599.50

$168,613,312.90

1964

$ 241,110,853.05

$56,815,716.40

$184,295,136.60

1965

$ 207,376,945.77

$48,865,477.60

$158,511,468.20

1966

$ 200,632,336.02

$47,271,380.10

$153,360,955.90

1967

$ 153,973,084.70

$36,275,908.20

$117,697,176.50

1968

$ 188,302,270.88

$44,365,524.60

$143,936,746.30

1969

$ 160,679,455.72

$37,857,468.80

$122,821,987.00

1970

$ 141,237,206.22

$33,276,838.30

$107,960,367.90

1971

$ 146,472,400.04

$34,511,404.50

$111,960,995.50

1972

$ 169,795,018.79

$40,006,412.40

$129,788,606.40

1973

$ 114,582,588.47

$26,997,226.50

$87,585,362.00

1974

$ 183,711,690.91

$43,289,386.90

$140,422,304.00

1975

$ 136,279,278.85

$32,108,517.60

$104,170,761.20

1976

$ 169,705,524.30

$39,985,378.00

$129,720,146.30

1977

$ 211,258,171.50

$49,773,208.30

$161,484,963.20

1978

$ 181,075,551.35

$42,661,644.40

$138,413,906.90

1979

$ 232,062,952.28

$54,674,149.10

$177,388,803.20

1980

$ 199,777,913.28

$47,067,242.20

$152,710,671.10

1981

$ 238,919,562.99

$56,291,999.80

$182,627,563.20

1982

$ 185,593,256.35

$43,728,079.60

$141,865,176.80

1983

$ 191,046,798.13

$45,009,624.60

$146,037,173.60

1984

$ 240,789,000.36

$56,732,756.20

$184,056,244.10

1985

$ 227,526,863.21

$53,609,493.20

$173,917,370.00

1986

$ 213,468,120.24

$50,293,567.00

$163,174,553.30

1987

$ 189,704,605.42

$44,696,618.50

$145,007,986.90

1988

$ 243,942,778.71

$57,476,936.50

$186,465,842.30

1989

$ 210,062,783.10

$49,494,314.40

$160,568,468.80

1990

$ 254,260,226.75

$59,908,482.10

$194,351,744.60

1991

$ 273,631,322.74

$64,480,946.40

$209,150,376.40

1992

$ 236,674,482.80

$55,771,804.10

$180,902,678.70

1993

$ 228,913,861.06

$53,940,902.50

$174,972,958.60

1994

$ 228,467,221.32

$53,848,012.50

$174,619,208.80

1995

$ 317,586,071.10

$74,850,018.00

$242,736,053.10

15



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