The Impact of the U.S. Sugar Program Redux

dc.contributor.author Beghin, John
dc.contributor.author Elobeid, Amani
dc.contributor.author Elobeid, Amani
dc.contributor.author Beghin, John
dc.contributor.department Economics
dc.contributor.department Center for Agricultural and Rural Development
dc.date 2018-02-18T00:27:30.000
dc.date.accessioned 2020-06-30T02:05:49Z
dc.date.available 2020-06-30T02:05:49Z
dc.date.issued 2015-01-01
dc.description.abstract <p>We analyze the various welfare costs, transfers, trade, and employment consequences of the current U.S. sugar program for U.S. consumers, other sugar users, sugar refiners, cane and beet growing and processing industries, other associated agricultural sectors, and world markets. The removal of the sugar program would increase U.S. consumers' welfare by $2.9 to $3.5 billion each year and generate a modest job creation of 17,000 to 20,000 new jobs in food manufacturing and related industries. Imports of sugar containing products would fall dramatically, especially confectioneries substituting for domestic inputs under the sugar program. Sugar imports would rise substantially to 5–6 million short tons raw sugar equivalent. World sugar price increases would be minor, equivalent to about 1 cent per pound.</p>
dc.description.comments <p>This working paper was published as Beghin, John C. and Amani Elobeid, "The Impact of the U.S. Sugar Program Redux," <em>Applied Economic Perspectives and Policy</em> 37 (2014): 1–33, doi:<a href="http://dx.doi.org/10.1093/aepp/ppu028" target="_blank">10.1093/aepp/ppu028</a>.</p>
dc.identifier archive/lib.dr.iastate.edu/econ_las_pubs/265/
dc.identifier.articleid 1265
dc.identifier.contextkey 9330220
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/265
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/21461
dc.source.uri http://lib.dr.iastate.edu/cgi/viewcontent.cgi?article=1557&context=card_workingpapers
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines International Economics
dc.subject.keywords sugar program
dc.subject.keywords tariff rate quota
dc.subject.keywords welfare cost
dc.subject.keywords employment effect
dc.subject.keywords sugar containing products
dc.title The Impact of the U.S. Sugar Program Redux
dc.type article
dc.type.genre article
dspace.entity.type Publication
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