@article{Lopez:197684,
      recid = {197684},
      author = {Lopez, Rigoberto A. and Sachtler, Kay G.},
      title = {Politico-Economic Analysis of the US Sugar Programme},
      address = {1989},
      number = {994-2016-77788},
      pages = {8},
      year = {1989},
      abstract = {This paper presents a politico-economic analysis of  decision making about the US sugar
programme. It analyz.es  the linkages between the economic surpluses of market  participants and the policy response
via the level of  target prices and import quotas. The legislative decisions  of the sugar programme are captured by
the target price  choices, while the administrative aspe.cts of the programme  are captured by the import quota choices.
Explanatory  variables in the empirical model include domestic sugar  producer and consumer surplus, com sweetener
prcxlucer  surplus, sugar quasi-rents of US quota-holding countries.  and US federal budget deficit. Target price
decisions were  found to be weakly linked to domestic sugar producer  surplus but strongly linked to com sweetener
producer  surplus. The impact of the federal budget deficit on quota  levels is clear. Restrictive quotas reduce
Treasury outlays  while supporting domestic producers. The influences of  various market participants are also
examined for both  target prices and import quotas.},
      url = {http://ageconsearch.umn.edu/record/197684},
      doi = {https://doi.org/10.22004/ag.econ.197684},
}