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Politico-Economic Analysis of the US Sugar Programme

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  • 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
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    References listed on IDEAS

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    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.
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    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.

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