VERTICAL INTEGRATION AND TRADE POLICY: THE CASE OF SUGAR

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.


Issue Date:
2000
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21754
Total Pages:
18
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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