IDEAS home Printed from https://ideas.repec.org/p/ags/iaaeo5/197684.html
   My bibliography  Save this paper

Politico-Economic Analysis of the US Sugar Programme

Author

Listed:
  • Lopez, Rigoberto A.
  • Sachtler, Kay G.

Abstract

This paper presents a politico-economic analysis of decision making about the US sugar programme. It analyz.es the linkages between the economic surpluses of market participants and the policy response via the level of target prices and import quotas. The legislative decisions of the sugar programme are captured by the target price choices, while the administrative aspe.cts of the programme are captured by the import quota choices. Explanatory variables in the empirical model include domestic sugar producer and consumer surplus, com sweetener prcxlucer surplus, sugar quasi-rents of US quota-holding countries. and US federal budget deficit. Target price decisions were found to be weakly linked to domestic sugar producer surplus but strongly linked to com sweetener producer surplus. The impact of the federal budget deficit on quota levels is clear. Restrictive quotas reduce Treasury outlays while supporting domestic producers. The influences of various market participants are also examined for both target prices and import quotas.

Suggested Citation

  • Lopez, Rigoberto A. & Sachtler, Kay G., 1989. "Politico-Economic Analysis of the US Sugar Programme," 1989 Occasional Paper Series No. 5 197684, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaaeo5:197684
    DOI: 10.22004/ag.econ.197684
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/197684/files/agecon-occpapers-1989-026_1_.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.197684?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Riethmuller, Paul & Roe, Terry, 1986. "Government intervention in commodity markets: The case of Japanese rice and wheat policy," Journal of Policy Modeling, Elsevier, vol. 8(3), pages 327-349.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Julian Alston & Colin Carter, 1991. "Causes And Consequences Of Farm Policy," Contemporary Economic Policy, Western Economic Association International, vol. 9(1), pages 107-121, January.
    2. Marchant, Mary A. & Neff, Steven A. & Xiao, Mei, 1997. "Political Economy of United States and European Union Dairy Policy Choice," 1997 Occasional Paper Series No. 7 198045, International Association of Agricultural Economists.
    3. Lopez, Rigoberto A., 1991. "Determinants Of Philippine Sugar Pricing Decisions," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271243, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Jonathan Brooks, 1996. "Agricultural Policies In Oecd Countries: What Can We Learn From Political Economy Models?," Journal of Agricultural Economics, Wiley Blackwell, vol. 47(1‐4), pages 366-389, January.
    5. Muth, Mary K & Rucker, Randal R & Thurman, Walter N & Chuang, Ching-Ta, 2003. "The Fable of the Bees Revisited: Causes and Consequences of the U.S. Honey Program," Journal of Law and Economics, University of Chicago Press, vol. 46(2), pages 479-516, October.
    6. A. R. Barros, 1992. "Sugar Prices And High‐Fructose Corn Syrup Consumption In The United States," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(1), pages 64-73, January.
    7. Schmitz, Andrew, 1995. "Sugar: The Free Trade Myth and the Reality of European Subsidies," International Working Paper Series 237436, University of Florida, Food and Resource Economics Department.
    8. Cramon-Taubadel, Stephan von, 1997. "Policy Preference Functions: The Implications of Recent Developments," 1997 Occasional Paper Series No. 7 198043, International Association of Agricultural Economists.
    9. Schmitz, Andrew & Vercammen, James, 1990. "Trade Liberalization in the World Sugar Market: Playing on a Level Field?," CUDARE Working Papers 198574, University of California, Berkeley, Department of Agricultural and Resource Economics.
    10. von Cramon-Taubadel, Stephan, 1992. "A critical assessment of the political preference function approach in agricultural economics," Agricultural Economics, Blackwell, vol. 7(3-4), pages 371-394, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Swinnen, Johan F. M. & Banerjee, Anurag N. & Gorter, Harry de, 2001. "Economic development, institutional change, and the political economy of agricultural protection: An econometric study of Belgium since the 19th century," Agricultural Economics, Blackwell, vol. 26(1), pages 25-43, October.
    2. Taniguchi, Kiyoshi, 2001. "A General Equilibrium Analysis Of Japanese Rice Market Trade Liberalization," 2001 Annual meeting, August 5-8, Chicago, IL 20660, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Marchant, Mary A. & Neff, Steven A. & Xiao, Mei, 1997. "Political Economy of United States and European Union Dairy Policy Choice," 1997 Occasional Paper Series No. 7 198045, International Association of Agricultural Economists.
    4. H. Alan Love & Endah Murniningtyas, 1992. "Measuring the Degree of Market Power Exerted by Government Trade Agencies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(3), pages 546-555.
    5. Coggins, Jay S., 1994. "Implementing Agricultural Policy Virtually: The Case of Set-Aside," Staff Papers 200579, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    6. Lopez, Rigoberto A. & Duncan, John, 1989. "Government Intervention And Welfare: The Philippine Sugar Case," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270716, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Labson, B. Stephen & Rausser, Gordon C., 1992. "Modeling Phased Reduction of Distortionary Policies in the U.S. Wheat Market Under Alternative Macroeconomic Environments," Staff General Research Papers Archive 502, Iowa State University, Department of Economics.
    8. Herve Guyomard & Louis Pascal Mahe & Terry L. Roe, 1994. "L'agriculture au GATT et la nouvelle PAC : la fin d'une exception ?," Post-Print hal-01593896, HAL.
    9. Jonathan Brooks, 1996. "Agricultural Policies In Oecd Countries: What Can We Learn From Political Economy Models?," Journal of Agricultural Economics, Wiley Blackwell, vol. 47(1‐4), pages 366-389, January.
    10. Kennedy, P. Lynn & von Witzke, Harald & Roe, Terry, 1997. "International Strategic Agricultural Trade Policy Interdependence and the Exchange Rate: A Game Theoretical Analysis," 1997 Occasional Paper Series No. 7 198198, International Association of Agricultural Economists.
    11. Unknown, 1987. "Japanese agricultural policies: an overview," Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) Archive 316179, Australian Government, Australian Bureau of Agricultural and Resource Economics and Sciences.
    12. Lopez, Rigoberto A. & Sachtler, Kay G., 1988. "An Econometric Analysis Of U.S. Sugar Import Quota And Target Price Choices," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270312, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. C. S. C. Sekhar, 2010. "Structure of the World Wheat Market: Some Implications for Strategic Trade Policy?," Journal of Quantitative Economics, The Indian Econometric Society, vol. 8(2), pages 142-158.
    14. Julian Alston & Colin Carter, 1991. "Causes And Consequences Of Farm Policy," Contemporary Economic Policy, Western Economic Association International, vol. 9(1), pages 107-121, January.
    15. Mahe, Louis Adrien Pascal & Roe, Terry, 1992. "Political Economy Trade Negotiations: An Empirical Game Theory Analysis," 1992 Occasional Paper Series No. 6 197894, International Association of Agricultural Economists.
    16. James Roumasset, 2010. "Wither the Economics of Agricultural Development?," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 7(1), pages 1-22, June.
    17. Nikolaos Sariannidis, 2011. "Stock, Energy and Currency Effects on the Asymmetric Wheat Market," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(2), pages 181-192, May.
    18. Sheu, Jiuh-Biing, 2016. "Supplier hoarding, government intervention, and timing for post-disaster crop supply chain recovery," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 90(C), pages 134-160.
    19. Swinnen, Johan F.M., 2008. "The Political Economy of Agricultural Protection: Europe in the 19th and 20th Century," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43859, European Association of Agricultural Economists.
    20. Fertő, Imre, 1998. "Az agrárpolitika politikai gazdaságtana I. A kormányzati politikák modellezése a mezőgazdaságban [The political economy of agrarian politics. Part I. Modeling of governmental policies in agricultur," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 223-246.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iaaeo5:197684. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.