Can markets support trade ? : the case of sugar

Boussard Jean-Marc, Piketty Marie-Gabrielle. 2000. Can markets support trade ? : the case of sugar. In : Tomorrow's agriculture: incentives, institutions, infrastructure and innovations : 24 th International Conference of the IAAE, Berlin, Germany, 13-18 August 2000. s.l. : s.n., 9 p. International Conference of Agricultural Economists. 24, Berlin, Allemagne, 13 August 2000/18 August 2000.

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Autre titre : Les marchés peuvent-ils soutenir le commerce ? : le cas du sucre

Abstract : A model of the world sugar industry shows that sugar prices are naturally chaotic. As a consequence, and contrary to the conventional creed, liberalisation, instead of damping fluctuations out, is likely to increase them. But since decision makers are risk averse, and restrain production when faced with uncertain prices, the average price level without is significantly lower than with liberalisation, thus jeopardising the benefits of a more efficient use of resources due to comparative advantage. The policy implication is that care should be taken not to create undesired situations for the right purpose of a better division of labour between nations (Résumé d'auteur)

Mots-clés Agrovoc : Modèle, Prix de marché, Marché des produits de base, Sucre, Libéralisation des échanges, Secteur agroindustriel

Classification Agris : E71 - International trade

Auteurs et affiliations

  • Boussard Jean-Marc, INRA (FRA)
  • Piketty Marie-Gabrielle, CIRAD-AMIS-ECOPOL (FRA)

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