Nolte, Stephan; Buysse, Jeroen; Van der Straeten, Bart; … - European Association of Agricultural Economists - EAAE - 2010
We apply a spatial price equilibrium model of the world sugar market to simulate an abolishment of the EU quota system in 2015/16. To overcome the normative nature of the approach, we calibrate the model by attaching a non-linear cost term to each trade flow. This is in some regards similar to...