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Effects of The Internationalization of The Colombian Economy on The Production And Income of The Rice, Coffee, Sugar Cane And Cocoa Sectors In Colombia
This article presents a part of the results of the Special Research Project -PIE, called "Analysis of the process of internationalization of the economy in the income of the rural population in Colombia, as the basis of a social protection policy in the rural sector" which includes the evolution of the main agricultural subsectors (rice, coffee, sugar cane and cocoa), in which the data reported in the National Administrative Department of Statistics -DANE and producer associations are used. The analytical and econometric results of the evolution of these subsectors in the period 2011 to 2020 show that the majority have increased production, productivity and the real value of crops and therefore the income of producers, therefore the process Internationalization has brought positive effects, which is confirmed by the modeling carried out by panel data. Price is significant in the model in models with a 90% confidence level and expected positive sign, therefore, it is a key variable in agents' production decisions. The FTA with the United States positively impacts rice, coffee and sugarcane crops, but has negative effects on cocoa production, and there is no solid evidence of the effect of covid19 on production, but the models show a negative sign, but without statistical significance (This may be due to the recentness of the phenomenon and therefore to the lack of data) evidencing the evident loss in the production of important lines of the economy, but no significant effects are found in the four subsectors.
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