Changing the U.S. Sugar Program into a Standard Crop Program: Consequences under the North American Free Trade Agreement and Doha
AbstractWe analyze the impact of continuing the existing U.S. sugar program, replacing it with a standard program, and implementing the standard program with multilateral trade liberalization. Under the North American Free Trade Agreement (NAFTA), duty-free sugar imports from Mexico could undermine the program's ability to operate on a “no-cost” basis to taxpayers as large public stocks of sugar could accumulate. The replacement of the current sugar program by one similar to other major U.S. crop programs would solve the problem of potential stock accumulation, accommodate further trade liberalization under a new WTO and future bilateral trade agreements, but would induce significant fiscal outlays through direct payments. Copyright 2008, Oxford University Press.
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Bibliographic InfoArticle provided by Agricultural and Applied Economics Association in its journal Review of Agricultural Economics.
Volume (Year): 30 (2008)
Issue (Month): 1 ()
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- John C. Beghin & Amani Elobeid, 2013.
"The Impact of the U.S. Sugar Program Redux,"
Center for Agricultural and Rural Development (CARD) Publications
13-wp538, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Beghin, John C. & Elobeid, Amani, 2013. "The Impact of the U.S. Sugar Program Redux," Staff General Research Papers 36172, Iowa State University, Department of Economics.
- John C. Beghin & Amani Elobeid, 2013. "The Impact of the U.S. Sugar Program Redux," Food and Agricultural Policy Research Institute (FAPRI) Publications 13-wp538, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- Meade, Birgit Gisela Saager & Grant, Jason H. & Regmi, Anita, 2010. "Trade and Welfare Impacts of Partial Liberalization of U.S. Sugar TRQs: The Application of a PE/GE Modeling Approach," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61657, Agricultural and Applied Economics Association.
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