Abstract
AbstractThe adequacy of future sugar availabilities for United States consumption requirements since the 1960 embargo on Cuban sugar is a matter of continuing concern. This article gives estimates of the long‐run effects of this embargo on the world and the United States sugar economies as well as of the efficiency of current United States long‐run sugar supply policy. Long‐run supply and demand functions were estimated and a general equilibrium competitive model was constructed. Comparison of the results of this competitive model with projected results of the present United States sugar supply program demonstrates the potential economic inefficiencies of the program.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
