000056457 001__ 56457
000056457 005__ 20180122211823.0
000056457 037__ $$a1477-2016-121182
000056457 041__ $$aen
000056457 245__ $$aThe EU Sugar Policy Regime and Implications of Reform
000056457 260__ $$c2008-07
000056457 269__ $$a2008-07
000056457 270__ $$mdkelch@ers.usda.gov$$pKelch,   David
000056457 300__ $$a44
000056457 336__ $$aReport
000056457 490__ $$aEconomic Research Report
000056457 490__ $$aNumber 59
000056457 520__ $$aThe European Union’s sugar policy, in place since 1968, underwent its first major reform
in 2005 in response to mounting and unsustainable imbalances in supply and demand. The reform, however, targeted only a few policy instruments (intervention price cut, voluntary production quota buyout, and restrictions on nonquota sugar exports), while leaving other key policies unchanged (interstate quota trading, sugar-substitute competition, and import barriers). Consequently, the extent of the reform’s impact is limited, compared with more far-reaching alternatives, particularly when the oligopolistic nature of the industry and its noncompetitive pricing behavior are taken into account. A model-based analysis suggests that the reforms by themselves are unlikely to induce price adjustments sufficient to reduce overproduction unless quotas and/or high tariffs are reduced.
000056457 542__ $$fLicense granted by Marilynn Graham (mgraham@ers.usda.gov) on 2010-01-15T15:58:20Z (GMT):

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000056457 650__ $$aAgricultural and Food Policy
000056457 650__ $$aInternational Relations/Trade
000056457 6531_ $$aEuropean Union
000056457 6531_ $$aEU
000056457 6531_ $$asugar CMO
000056457 6531_ $$aCommon Market Organization
000056457 6531_ $$apolicy reform
000056457 6531_ $$atrade
000056457 6531_ $$aeconomic model
000056457 700__ $$aElbehri, Aziz
000056457 700__ $$aUmstaetter, Johannes
000056457 700__ $$aKelch, David R.
000056457 8564_ $$s594570$$uhttp://ageconsearch.umn.edu/record/56457/files/Elbehri_EU%20sugar%20policy.pdf
000056457 887__ $$ahttp://purl.umn.edu/56457
000056457 909CO $$ooai:ageconsearch.umn.edu:56457$$pGLOBAL_SET
000056457 912__ $$nSubmitted by Marilynn Graham (mgraham@ers.usda.gov) on 2010-01-15T16:17:04Z
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  Previous issue date: 2008-07
000056457 982__ $$gUnited States Department of Agriculture>Economic Research Service>Economic Research Report
000056457 980__ $$a1477