The Future of the World Sugar Market A Spatial Price Equilibrium Analysis
نویسنده
چکیده
The Dissertation at hand investigates the effects of different policy options on the world sugar market. A Spatial Price Equilibrium Model as suggested by Takayama and Judge is established. This model type has one considerable advantage over previously applied types which is its ability to combine the assumption of homogeneous goods regardless of origin (as opposed to Armington-based models) with the possibility to model bilateral trade flows explicitly. One major drawback of the approach is that is behaves in part like a
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