ABSTRACT
The U.S. sweeteners market has been the subject of extensive research, primarily due to the degree and duration of government intervention. Most studies on policy issues can be placed into one of two categories. The first addresses evaluation of the welfare implications of different policy regimes (e.g., Leu, Schmitz, and Knutson (1987); Greer (1992); Schmitz and Christian (1993)). The second concerns the political-economic aspect of sugar policies, that is, how die welfare of market participants affects sugar policies (Lopez 1989).
