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The Sugar Market In Colombia And Its Interactions With The Usa Market

Author

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  • Leonardo Raffo López

Abstract

En este artículo se propone un modelo de equilibrio parcial para entender el comportamiento del mercado del azúcar en Colombia y sus interacciones comerciales con la economía norteamericana. Se evalúan los posibles efectos de un TLC con Estados Unidos sobre el mercado, al igual que la incidencia de otros factores internos y externos. Se prueba que el impacto de un TLC entre Colombia y Estados Unidos depende del balancede dos fuerzas contrapuestas: el incremento en la proporción de la cuota que corresponde a las exportaciones colombianas, y la baja progresiva que se ha venido presentando en la cuota total de la economía norteamericana.In this paper it is proposed a partial equilibrium model for the sugar market of Colombia to understand its trade relations with the North-American economy. The possible effects of a Free Trade Agreement and of other internal and external factors are examined modelling the functioning of the North-American sugar market. It is proved that the impact of a FTA between Colombia and the USA depend of two forces: the impact of the increase in the proportion of the quota affecting the Colombian exports, and the effectof progressive decreases in the value of the total North-American quota.

Suggested Citation

  • Leonardo Raffo López, 2011. "The Sugar Market In Colombia And Its Interactions With The Usa Market," Revista de Economía y Administración, Universidad Autónoma de Occidente, May.
    • Handle: RePEc:col:000156:008624
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    File URL: http://dali.uao.edu.co:7777/pls/portal/docs/PAGE/UNIAUTONOMA_INVESTIGACIONES/REVISTA_ECONOMIK/NUMEROS/6.1/2.1%20AC%20LEONARDO%20RAFFO.PDF
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    More about this item

    Keywords

    Sugar market; international trade; freetrade agreement; import quotas / Mercado del azúcar; comercio internacional; tratado de libre comercio; cuotas de importación.;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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