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An Analysis of Possible U.S. Sugar Import Policy Revisions
Author(s) -
Tanyeri-Abur Ayşen,
McCarl Bruce A.,
Chang Ching-Cheng,
Knutson Ronald D.,
Peterson E. Wesley F.,
Coble Keith H.
Publication year - 1993
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349446
Subject(s) - sugar , economics , agricultural economics , international trade , sugar industry , international economics , chemistry , food science
The U.S. sugar import policy, while supporting domestic producers, has had indirect effects on other markets. This study extends previous analyses to look at effects of sugar policy changes from a total agricultural sector perspective. The effects of sugar policy reform are studied with and without changes in farm program provisions for other crops. The results show welfare losses due to the sugar program. It is also shown that reduction of farm programs without altering the sugar quota tilts the terms of trade toward sugar producers giving them a competitive advantage and it is implied that both sets of policies need to be revised simultaneously to avoid distortions between commodities.