The Effect of the Sugar Program on the U.S. Economy: A General Equilibrium Analysis

dc.creatorBoyd, Roy
dc.creatorUri, Noel D.
dc.date2017-04-01T14:03:34Z
dc.date.accessioned2026-07-09T05:13:12Z
dc.descriptionThis study examines the effect of the sugar tariff-rate import quota program on the U.S. economy. Based on a computable general equilibrium model, the analysis suggests that a complete elimination of the sugar program will reduce output for all producing sectors by about $2.85 billion. For producing sectors in addition to the agriculture-program crops, crude oil and petroleum refining sectors, output will increase by about $2.98 billion. Additionally, there will be an increase of about $197 million on $121 million in the consumption of goods and services and in welfare, respectively. The government sector realizes a reduction in revenue of about $15 million.
dc.identifierOther:0738-8950
dc.identifierdoi:10.22004/ag.econ.62335
dc.identifierhttps://ageconsearch.umn.edu/record/62335/files/JAB11two3.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/62335
dc.identifier.urihttp://hdl.handle.net/123456789/560676
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/62335
dc.titleThe Effect of the Sugar Program on the U.S. Economy: A General Equilibrium Analysis
dc.typeText

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