Data/hora: 12/06/2024 15:11:59

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | The EU Sugar Policy Regime and Implications of Reform
Autores: | Elbehri,   Aziz; Umstaetter,   Johannes; Kelch,   David R.
Data: | 2010-01-15
Ano: | 2008
Palavras-chave: | European Union; EU; Sugar CMO; Common Market Organization; Policy reform; Trade; Economic model; Agricultural and Food Policy; International Relations/Trade.
Resumo: | The European Union’s sugar policy, in place since 1968, underwent its first major reform in 2005 in response to mounting and unsustainable imbalances in supply and demand. The reform, however, targeted only a few policy instruments (intervention price cut, voluntary production quota buyout, and restrictions on nonquota sugar exports), while leaving other key policies unchanged (interstate quota trading, sugar-substitute competition, and import barriers). Consequently, the extent of the reform’s impact is limited, compared with more far-reaching alternatives, particularly when the oligopolistic nature of the industry and its noncompetitive pricing behavior are taken into account. A model-based analysis suggests that the reforms by themselves are unlikely to induce price adjustments sufficient to reduce overproduction unless quotas and/or high tariffs are reduced.
Tipo: | Report
Idioma: | Inglês
Identificador: | http://purl.umn.edu/56457

Relação:

United States Department of Agriculture&gt;Economic Research Service&gt;Economic Research Report

Economic Research Report

Number 59

Formato: | 44