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Villoria, Nelson; Lee, David R.. |
The Andean Community's Price Band System (APBS), introduced in 1995, had the announced goal of reducing domestic price instability by buffering fluctuations in international prices through use of a variable import tariff. This paper evaluates the effects of the Andean Price Band System on domestic producer price variability, levels of nominal protection and changes in producer welfare. Application is made to four important food products - maize, rice, sugar and milk - in Colombia, Ecuador and Venezuela, from the period 1990 to 1998. The effects of the APBS on producer price variability are analyzed through 1) comparing coefficients of variation of detrended, monthly deseasonalized real prices before and after the harmonization of the APBS in 1995, and 2)... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Andean Community; Price band system; Agricultural prices; Price stabilization; Demand and Price Analysis. |
Ano: 2002 |
URL: http://purl.umn.edu/19751 |
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Jayne, Thomas S.; Myers, Robert J.; Nyoro, James K.. |
The Government of Kenya pursues maize marketing policy objectives through the National Cereals and Produce Board (NCPB) which procures and sells maize at administratively determined prices, and stores maize as a contingency against future shortages. A private sector marketing channel competes with the NCPB and prices in this channel are set by supply and demand forces. This paper estimates the effects of NCPB activities on the historical path of private sector maize market prices in Kenya between 1989 and 2004. Results provide important insights into the historical effects of the NCPB, and will provide useful input into deliberations on the appropriate role for the NCPB in the future. It was not possible to use a fully structural econometric model to... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Kenya; Income transfers; Maize policy; Price stabilization; VAR; International Development; C22; O2; Q13; Q18. |
Ano: 2006 |
URL: http://purl.umn.edu/25555 |
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