| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Sugar Quotas and Crop Production Efficiency
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| Autores: |
Bjerre, Markus
Jensen, Jorgen Dejgaard
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| Data: |
2006-05-24
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| Ano: |
2002
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| Palavras-chave: |
Sugar production
Quota
Contracts
Efficiency loss
Production Economics
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| Resumo: |
The paper deals with problems concerning the current sugar policy within the Common Agricultural Policy, especially the efficiency losses due to the combination of high prices and quota on subsidised sugar production. Based on a simple econometric model, the total economic costs of the current policy setting, compared with an unregulated setting, are estimated to be in the area of 20 per cent of the total sugar production, valued at world market prices. Of these costs, some 10 per cent are due to inefficiency in the crop production, as the opportunity costs of land are not taken into account because the sugar price support within the quota overrules these opportunity costs. However, according to the estimates obtained in the present study, the main economic gains by reducing the internal prices are to be found in terms of reduced
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
21511
http://purl.umn.edu/24840
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| Editor: |
AgEcon Search
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| Relação: |
European Association of Agricultural Economists>2002 International Congress, August 28-31, 2002, Zaragoza, Spain
Contributed Paper
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| Formato: |
14
application/pdf
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