Date of Award:

5-1966

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Applied Economics

Department name when degree awarded

Agricultural Economics

Committee Chair(s)

Lynn H. Davis

Committee

Lynn H. Davis

Committee

Stuart H. Richards

Committee

Jim Maxwell

Committee

Barton Bailey

Abstract

Sugar has been an important commodity down through the ages. In the present day world, there is hardly any corner of the world where sugar is not consumed in one form or another.

Wide variation in per capita consumption of sugar exists among nations. Sugar consumption appears to be related to income level. Sugar in the United States is considered an item of necessity, and its consumption is relatively stable. This is evidenced by low price and income elasticities of demand for sugar which were -0.28 and 0.27 respectively for the period 1921-1956 (1). Consumers thus consume about the same amount of sugar regardless of price changes.

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