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The future of the European sugar market: A case for quotas

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  • Boussard, Jean-Marc

Abstract

The advertised EC policy toward sugar is clearly to let market drive supply and demand. But there exist reasons to think that the setting up of the traditional quota policy was not a consequence of chance, or of an efficient lobbying system by farmers, but of practical necessity and of efficiency, in face of market failures. In view of this reasoning, it is not impossible that a large crisis in the more or less remote future leads to reinstall a sugar quota system which probably should had to be reformed, but should never have been suppressed.

Suggested Citation

  • Boussard, Jean-Marc, 2008. "The future of the European sugar market: A case for quotas," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44069, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae08:44069
    DOI: 10.22004/ag.econ.44069
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    References listed on IDEAS

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    1. F. W. Taussig, 1903. "The End of Sugar Bounties," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 18(1), pages 130-134.
    2. Mordecai Ezekiel, 1938. "The Cobweb Theorem," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 52(2), pages 255-280.
    3. Boussard, Jean-Marc, 1996. "When risk generates chaos," Journal of Economic Behavior & Organization, Elsevier, vol. 29(3), pages 433-446, May.
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