%0 Journal Article 
%T ¿Estabiliza el FEPA los precios locales del azúcar?
%D 2015
%U http://repository.icesi.edu.co/biblioteca_digital/handle/10906/83320
%X Does FEPA isolate the Colombian local sugar 
price from international shocks?
Abstract
Since  January  2001,  local  sugar  prices  in  Colombia  are  subject  to  a  stabilization 
scheme   called   FEPA   (
Fondo   de   Estabilización   de   Precios   del   Azúcar
). 
The 
Colombian  government  designed  FEPA  as  a  part  of  a  mechanism  to  protect  local 
producers  from  fluctuations  in  international  sugar  prices.  Our  objective  is  to 
determine  whether  the  FEPA  succeeded  in  isolating  the  local  price  from  the 
international price’s
fluctuations.  In  other  words,  the  aim  of  this  document  is  to 
determine whether or not a long
-
term relationship exists between international sugar 
prices and their counterparts in the three main Colombian cities.
%K Economía
%K Economics
%K Fondo de Estabilización de Precios del Azúcar (FEPA)
%K Mercado internacional
%K Cointegración
%~ GOEDOC, SUB GOETTINGEN