2000
DOI: 10.1111/j.1574-0862.2000.tb00072.x
|View full text |Cite
|
Sign up to set email alerts
|

Impacts of WTO restrictions on subsidized EU sugar exports

Abstract: The study evaluates the impact of World Trade Organization (WTO) restrictions on the European Union (EU) sugar sector and the world sugar market. A small reduction in production quotas would be sufficient to satisfy the export subsidy limitations of the Uruguay Round agreement. Complete elimination of export subsidies by 2005 would require either a 10% reduction in production quotas or the combination of an 8% reduction in quotas and an 11% reduction in intervention prices. Higher world prices resulting from r… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
10
0

Year Published

2001
2001
2021
2021

Publication Types

Select...
8
1

Relationship

0
9

Authors

Journals

citations
Cited by 29 publications
(10 citation statements)
references
References 4 publications
0
10
0
Order By: Relevance
“…For a similar increase in the world price, Wohlgenant (1999) found that EU production increases by 2 per cent and that the EU remains a net exporter of 2.5 million tonnes. Poonyth et al (2000) also found that EU production is barely affected by the reduction in the intervention price required to export without subsidies and that, overall, EU exports would remain relatively stable. In contrast, OECD (2005) reported that EU production would decrease by some 60 per cent under their trade liberalisation scenario and according to Adenäuer et al (2004), exports would decrease significantly if export subsidies were phased out.…”
Section: Some Ambiguous Resultsmentioning
confidence: 96%
“…For a similar increase in the world price, Wohlgenant (1999) found that EU production increases by 2 per cent and that the EU remains a net exporter of 2.5 million tonnes. Poonyth et al (2000) also found that EU production is barely affected by the reduction in the intervention price required to export without subsidies and that, overall, EU exports would remain relatively stable. In contrast, OECD (2005) reported that EU production would decrease by some 60 per cent under their trade liberalisation scenario and according to Adenäuer et al (2004), exports would decrease significantly if export subsidies were phased out.…”
Section: Some Ambiguous Resultsmentioning
confidence: 96%
“…The EU supports sugar with US$201 million and cereals with US$108 million. Indeed, the EU sugar market had been one of the most heavily regulated markets in the agrifood sector for 50 years (Poonyth et al 2005), until the EU quota regime ended in September 2017. It is important to note that the EU, being a large importer of cane sugar, grants duty-free access to the EU market to developing countries under the Everything but Arms agreement.…”
Section: Domestic Supportmentioning
confidence: 99%
“…The EUs export supply expansion, generated by a technology‐induced pivotal shift of the EUs aggregate supply function, would cause the world price to decline from p j (0) to p j ( ρ EU ). This price decrease is determined using a reduced‐form equation, extracted from the University of Missouri's FAPRI world sugar model, which calculates the world sugar price as a function of actual and lagged EU net sugar exports (Poonyth et al 2000). 6 For each year j the reduced‐form equation transforms the observed world price into the price that would result from the EUs technology‐induced export expansion in year j and j –1: with σ 1 =−1.0 and σ 2 = 0.46.…”
Section: Modelmentioning
confidence: 99%