VERTICAL INTEGRATION AND TRADE POLICY: THE CASE OF SUGAR

Charles Moss and Andrew Schmitz

No 21754, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The degree of vertical integration in the U.S. sugar industry between raw sugar processing and sugar refining cannot be explained using theories of vertical integration based on transaction costs (e.g. Williamson). We graphically decompose the economic rents accruing to each level in the marketing channel. Different strategies of several major sugar producing, processing and refining entities with regard to sugar quota policy are explored.

Keywords: Agribusiness; Industrial Organization (search for similar items in EconPapers)
Pages: 18
Date: 2000
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Citations: View citations in EconPapers (2)

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Journal Article: Vertical integration and trade policy: The case of sugar (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea00:21754

DOI: 10.22004/ag.econ.21754

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