Economic Surpluses in the U.S. Sugar Market
1990 ◽
Vol 19
(1)
◽
pp. 28-36
◽
Keyword(s):
The objective of this article is to estimate historical economic surpluses for the subsectors involved in the U.S. sugar market. Annual producer and consumer surpluses were computed based on a five-equation model and 1958–87 data. In the last decade, the welfare position of cane- and beet-sugar producers has been roughly maintained, the domestic consumer surplus and the export quasi-rents to foreign countries have both declined, and quasi-rents of the corn-sweetener industry now surpass those that accrue to the cane industry and are about the same as those of the beet-sugar industry. Some policy implications are discussed.
Keyword(s):
1988 ◽
pp. 1-8
◽
1903 ◽
Vol 55
(1419supp)
◽
pp. 22734-22735
Keyword(s):