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- W2030915288 abstract "In May 1982, sugar import quotas were imposed after they had been discontinued for eight years. This paper examines the absolute and relative costs of the new sugar program and compares it to alternative systems of producer protection. The results indicate that the existing system is both inefficient and inequitable. The use of deficiency payments would transfer the burden of producer protection from sugar consumers to taxpayers. In addition, foreign aid should be provided directly (through taxes), rather than indirectly by means of quotas. The fact that political feasibility appears to have dominated efficiency or equity considerations means that low income consumers will continue to bear a disproportionate share of the costs of protecting domestic sugar producers and providing foreign aid." @default.
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- W2030915288 date "1985-06-01" @default.
- W2030915288 modified "2023-09-27" @default.
- W2030915288 title "The Welfare Loss from the New Sugar Program" @default.
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- W2030915288 doi "https://doi.org/10.1111/j.1745-6606.1985.tb00349.x" @default.
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