Economic Incentives to Supply Sugar Beets in Europe
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
Currently European farmers produce considerable sugar quantities above their quota in different
EU member states which cannot be explained with standard profit maximizing behaviour.
This paper analyses how much two alternative behavioural models - expected profit maximization
and utility maximization – can contribute to explain observed sugar production. The analysis
is done for an average and the distribution of sugar producers in 13 EU countries based
on analytical derivations of expected profit and profit variability under the quota regulation.
Despite considerable differences between countries and farms, a significant amount of C-sugar
production cannot be explained by these models.