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Reform of the Moroccan Sugar Industry: Market Deregulation and Imperfect Competition

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  • Thoyer, Sophie

Abstract

The planned reform of the Moroccan sugar industry is critically assessed, concentrating on the two main links in the marketing chain. In the negotiation process between sugar crop producers and milling units, the removal of the fixed national price for sugarbeet and sugarcane is likely to lead to monopsony situations, whereas regional supply curves and initial market structures suggest that the reform process may favour the emergence of a private sugar monopoly. The paper demonstrates that the conditions for perfect competition are rarely met in the food sector and it re-emphasises the need for state intervention and institutional regulation. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Thoyer, Sophie, 1995. "Reform of the Moroccan Sugar Industry: Market Deregulation and Imperfect Competition," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(3), pages 372-384.
    • Handle: RePEc:oup:erevae:v:22:y:1995:i:3:p:372-84
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