Political Economy of U.S. Sugar Policies
分析美国糖业政策中的政治经济决策，评估目标价格和进口配额对生产者剩余和联邦预算赤字的反应，发现预算赤字对进口配额影响显著。
Abstract This article examines political‐economic decision making with respect to U.S. sugar policies. It evaluates the responsiveness of target prices and import quotas levels to changes in ( a ) the economic surpluses of market participants and ( b ) the federal budget deficit. Results indicate a weak linkage between sugar producer surplus and subsequent target prices levels but a strong linkage between the federal budget deficit and subsequent import quota levels. The influences of sugar users, corn sweetener producers, and foreign countries are also examined.