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| Beghin, John C.; El Osta, Barbara; Cherlow, Jay R.; Mohanty, Samarendu. |
| We revisit the cost of the U.S. sugar program by analyzing the welfare implications of its removal. We use a multimarket model of U.S. sweetener markets, which includes raw crops, sugar extraction and refining, high-fructose corn syrup, and sweetener users (food-processing industries and final consumers). Our approach addresses the industrial organization of food industries using sweeteners and treats the United States as a large importer. We estimate that, with the removal of the program, cane growers, sugar beet growers, and beet processors would lose $307 million, $650 million, and $89 million (1999 prices), respectively. Sweetener users would gain $1.9 billion (1999 prices). The deadweight loss of the current sugar program is estimated at $532 million... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Sugar program; Sweetener; Trade; Agricultural policy; Agricultural and Food Policy; Q18; Q17; F13. |
| Ano: 2001 |
URL: http://purl.umn.edu/18431 |
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| Beghin, John C.. |
| This background paper is devoted to US sugar policy. A first section describes the features and economics of the US sugar program; a second section is devoted to the welfare and trade effects of the US sugar program; and a final section reports on potential emerging reforms, their expected effects, and implications. Beyond well-established findings on the social cost and inefficiency of the US sugar program, the main findings of this paper are as follows. The current sugar program is becoming unsustainable because sugar imports are progressively creeping into the US market through regional trade agreements, eventually inducing large sugar inventories, or contracting domestic production to unpalatable low levels in order to maintain high internal prices.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Dispute; HFCS; NAFTA; Sugar; Sugar program; Sweetener; Trade; TRQ; US farm bill; Agricultural and Food Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/9374 |
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| Boyd, Roy; Uri, Noel D.. |
| This study examines the effect of the sugar tariff-rate import quota program on the U.S. economy. Based on a computable general equilibrium model, the analysis suggests that a complete elimination of the sugar program will reduce output for all producing sectors by about $2.85 billion. For producing sectors in addition to the agriculture-program crops, crude oil and petroleum refining sectors, output will increase by about $2.98 billion. Additionally, there will be an increase of about $197 million on $121 million in the consumption of goods and services and in welfare, respectively. The government sector realizes a reduction in revenue of about $15 million. |
| Tipo: Journal Article |
Palavras-chave: General equilibrium model; Consumer welfare; Sugar program; Tariff-rate quota; Agribusiness; International Relations/Trade. |
| Ano: 1993 |
URL: http://purl.umn.edu/62335 |
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