The Cost of the U.S. Sugar Program Revisited

John Beghin (), Barbara El Osta, Jay R. Cherlow and Samarendu Mohanty

No 125058, 2002 Conference (46th), February 13-15, 2002, Canberra, Australia from Australian Agricultural and Resource Economics Society

Abstract: We analyze the welfare cost of the U.S. sugar program, using a multimarket model of U.S. sweetener markets, which includes raw crops, sugar extraction and refining, and sweetener users (food-processing industries and final consumers). We address the industrial organization of food industries using sweeteners and treat the United States as a large importer. With the removal of the program, cane growers, sugar beet growers and processors would lose $307, $650, and $89 million (1999 prices), respectively; sweetener users would gain $1.9 billion; World prices would increase by 13.2 percent. The deadweight loss of the program is estimated at $532 million.

Keywords: Agribusiness; Public Economics (search for similar items in EconPapers)
Pages: 37
Date: 2002-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: THE COST OF THE U.S. SUGAR PROGRAM REVISITED (2003)
Working Paper: Cost of the U.S. Sugar Program Revisited, The (2003)
Working Paper: The Cost of the U.S. Sugar Program Revisited (2003)
Working Paper: Cost of the U.S. Sugar Program Revisited, The (2001)
Working Paper: Cost of the U.S. Sugar Program Revisited, The (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare02:125058

DOI: 10.22004/ag.econ.125058

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