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Sugar Prices And High‐Fructose Corn Syrup Consumption In The United States

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  • A. R. Barros

Abstract

The main explanations of the effect of sugar prices on high‐fructose corn syrup (HFCS) consumption in the United States are briefly reviewed. A formal model is presented and estimated in a reduced form for the period 1971‐88. The hypothesis that sugar prices affect HFCS consumption growth is confirmed. The estimated model is used to analyse both the effect on HFCS consumption of the two peaks in sugar prices which occurred in 1976‐75 and in 1980, and the effect of the protection applied to the US sugar market. The model is also used to estimate the extent to which the rapid expansion of US HFCS consumption can be attributed solely to the 1974 peak in the international sugar price.

Suggested Citation

  • 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.
    • Handle: RePEc:bla:jageco:v:43:y:1992:i:1:p:64-73
    DOI: 10.1111/j.1477-9552.1992.tb00199.x
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    References listed on IDEAS

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    1. Rigoberto A. Lopez, 1989. "Political Economy of U.S. Sugar Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(1), pages 20-31.
    2. Hoy F. Carman, 1982. "A Trend Projection of High Fructose Corn Syrup Substitution for Sugar," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(4), pages 625-633.
    3. 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.
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    Cited by:

    1. Volpe, Richard & Okrent, Abigail, 2012. "Assessing the Healthfulness of Consumers' Grocery Purchases," Economic Information Bulletin 262129, United States Department of Agriculture, Economic Research Service.
    2. Garcia-Fuentes, Pablo & Kennedy, P. Lynn & Ferreira, Gustavo, 2017. "An estimation of a price model of the high fructose corn syrup industry in the Unites States," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252722, Southern Agricultural Economics Association.
    3. Kennedy, P. Lynn & Garcia-Fuentes, Pablo A., 2016. "A supply and demand estimation of the United States high fructose corn syrup market," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236100, Agricultural and Applied Economics Association.

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