21
Table 5. Welfare Effects of the Andean Price Band Systems: "Historical Policy" Scenario for Selected Products in Colombia,
Ecuador and Venezuela
|
Product |
Country |
Share of AC |
Risk Benefits |
Transfer |
Net Producer |
|
Maize |
Colombia |
40% |
-2.09% |
4.92% |
2.83% |
|
Ecuador |
21% |
3.23% |
42.67% |
45.90% | |
|
Venezuela |
39% |
-1.07% |
29.67% |
28.60% | |
|
Weighted Average |
0.59% |
22.41% |
______21.82% | ||
|
Rice |
Colombia |
50% |
4.13% |
11.06% |
15.19% |
|
Ecuador |
31% |
1.65% |
23.68% |
25.33% | |
|
Venezuela |
19% |
-4.28% |
68.63% |
64.34% | |
|
Weighted Average |
1.77% |
25.85% |
______27.62% | ||
|
Sugar |
Colombia |
70% |
3.80% |
-49.88% |
-46.08% |
|
Ecuador |
12% |
3.13% |
7.46% |
10.59% | |
|
Venezuela |
18% |
3.82% |
21.94% |
25.77% | |
|
Weighted Average |
3.72% |
-29.76% |
-26.04% |
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