20
Table 4. Welfare Effects of the Andean Price Band Systems: "Pure Andean Price Band System" Scenario for Selected Products
in Colombia, Ecuador and Venezuela
|
Product |
Country |
Share of AC |
Risk Benefits |
Transfer |
Net Producer |
|
Maize |
Colombia |
40% |
-0.11% |
0.93% |
0.83% |
|
Ecuador |
21% |
0.56% |
11.90% |
12.47% | |
|
Venezuela |
39% |
1.49% |
-0.64% |
0.85% | |
|
Weighted Average |
0.66% |
2.58% |
_______3.23% | ||
|
Rice |
Colombia |
50% |
0.00% |
0.08% |
0.08% |
|
Ecuador |
31% |
0.08% |
3.33% |
3.41% | |
|
Venezuela |
19% |
1.20% |
-7.38% |
-6.18% | |
|
Weighted Average |
0.25% |
-0.30% |
_______-0.05% | ||
|
Sugar |
Colombia |
70% |
2.05% |
11.76% |
13.82% |
|
Ecuador |
12% |
1.63% |
3.66% |
5.29% | |
|
Venezuela |
18% |
2.33% |
10.03% |
12.36% | |
|
Weighted Average |
2.05% |
10.48% |
______12.53% |