The Sugar Institute Learns to Organize Information Exchange

40 Pages Posted: 11 Jun 2000 Last revised: 6 Nov 2022

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David Genesove

Hebrew University of Jerusalem - Department of Economics; Centre for Economic Policy Research (CEPR)

Wallace P. Mullin

George Washington University - Department of Economics

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Date Written: March 1997

Abstract

This paper describes information exchange under the Sugar Institute, the trade association of U.S. domestic sugar cane refiners, between 1928 and 1936. The Institute collected production and delivery data from the individual firms and returned it to them in aggregated form. Attempts to exchange sales data were stymied by the larger firms. Surprisingly, there is no indication of mis-reporting of statistics by Institute members, although statistics were, at times, withheld. The paper concentrates on the evolution of the Institute. Proposals for successor organizations show that a workable mechanism required greater discretion to the central authority and greater voting rights to the larger firms.

Suggested Citation

Genesove, David and Mullin, Wallace P., The Sugar Institute Learns to Organize Information Exchange (March 1997). NBER Working Paper No. w5981, Available at SSRN: https://ssrn.com/abstract=225760

David Genesove (Contact Author)

Hebrew University of Jerusalem - Department of Economics ( email )

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Centre for Economic Policy Research (CEPR)

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Wallace P. Mullin

George Washington University - Department of Economics ( email )

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United States