@article{Grethe:6329,
      recid = {6329},
      author = {Grethe, Harald and Nolte, Stephan and Banse, Martin},
      title = {MODELLING THE EFFECTS OF EU SUGAR MARKET LIBERALIZATION ON  AREA ALLOCATION, PRODUCTION AND TRADE},
      address = {2008},
      number = {692-2016-47433},
      series = {Contributed Paper},
      pages = {11},
      year = {2008},
      abstract = {This paper presents a partial equilibrium simulation  analysis of EU sugar market reforms
with a version of the  European Simulation Model (ESIM) addressing three issues:  preferential EU
imports are a function of the price  differential between world market and EU price, EU  supply
functions are estimated based on FADN data, and the  production of bioethanol in the EU and the rest
of the  world is taken into account as an important component in  sugar beet and sugar cane demand. It
is found that the  current sugar market reform including the restructuring  process until the end of 2007
is sufficient to allow the EU  to comply with its WTO commitments only very narrowly. EU  sugar
supply is simulated to decrease from roughly 19  million tons in the base period to 15.5 million tons  by
2015 and the EU price remains at a level of about 450  €/t and thus significantly above the reference
price. In  case of full liberalization production in the EU is  projected to decrease to 7.5 million tonnes
by 2015.},
      url = {http://ageconsearch.umn.edu/record/6329},
      doi = {https://doi.org/10.22004/ag.econ.6329},
}