Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129057
Authors: 
Fink, Nikolaus
Year of Publication: 
2016
Series/Report no.: 
WIFO Working Papers 508
Abstract: 
This paper studies the legal sugar cartel in Austria-Hungary in 1891-1914. I analyse the cartel formation prior to 1891 that was enabled by an excise tax. The cartel started with simple annual quotas and - despite breakdowns - learned to adapt to inventory demand, entry, internal coordination problems and lowered import protection. Detailed qualitative evidence on the inner workings and prices, opportunity costs and sales data on a monthly basis are discussed. The success of the cartel at subsequent stages is evaluated.
Subjects: 
Cartels
Collusion
Sugar Industry
Storage
Document Type: 
Working Paper

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