| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
The Cost of the U.S. Sugar Program Revisited
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| Autores: |
Beghin, John C.
El Osta, Barbara
Cherlow, Jay R.
Mohanty, Samarendu
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| Data: |
2006-07-12
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| Ano: |
2001
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| Palavras-chave: |
Sugar program
Sweetener
Trade
Agricultural policy
Agricultural and Food Policy
Q18
Q17
F13
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| Resumo: |
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 (1999 prices). World prices would increase by 13.2 percent with the removal of the program.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
23015
http://purl.umn.edu/18431
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| Editor: |
AgEcon Search
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| Relação: |
Iowa State University>Center for Agricultural and Rural Development>CARD Working Paper Series
CARD Working Paper 01-WP 273
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| Formato: |
31
application/pdf
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