Impacts of WTO restrictions on subsidized EU sugar exports
评估WTO限制对欧盟糖业和世界糖市场的影响,发现小幅削减生产配额即可满足乌拉圭回合出口补贴限制,完全取消补贴需更大调整,且欧盟出口减少会推高世界糖价。
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 reduced EU exports would result in increased production of unsubsidized C‐sugar, with different impacts across EU member countries explained by differences in institutional pricing arrangements and marginal production costs.