Nolte, Stephan; Natanelov, Valeri; Buysse, Jeroen; van … - Australian Agricultural and Resource Economics Society … - 2012
The German sugar market is governed by the European Union’s common market organization (CMO). In 2006, the CMO was subject to its first major reform. Among others, the administered price for sugar was reduced by 36%. We use a data set with monthly prices for sugar and sugar containing products...