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Increasing the United States Tariff-Rate Sugar Quota for Cuba and Mexico: A Partial-Equilibrium Simulation

Published online by Cambridge University Press:  28 April 2015

Daniel R. Petrolia  and
P. Lynn Kennedy
Daniel R. Petrolia
Affiliation:
Department of Applied Economics, University of Minnesota, St. Paul, MN
P. Lynn Kennedy
Affiliation:
Department of Agricultural Economics and Agribusiness, Louisiana State University AgCenter, Baton Rouge, LA
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Abstract

Increases in the United States tariff-rate quota for sugar are simulated to determine the impact of Cuban market access and an increased Mexican allotment. The effects on both domestic and international sugar markets, including production, consumption, prices, and trade, are determined and welfare effects identified. This analysis is carried out using a partial-equilibrium simplified world trade model, Modele Internationale Simplifié de Simulation (MISS), which simulates, in a comparative-static framework, the effects of various policy actions.

Keywords

CubaMexicosugartariff-rate quotaF13F17Q17

Information

Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 35 , Issue 3 , December 2003 , pp. 589 - 597
Copyright
Copyright © Southern Agricultural Economics Association 2003

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