Elasticidades de demanda por electricidad e impactos macroeconómicos del precio de la energía eléctrica en Colombia

Artikel

This study analyzes the elasticities of demand and income from electricity for domestic and industrial use, for Colombia (2000-2011), by estimating demand equations by OLS. The impacts on macroeconomic variables, which generate changes in the price of electricity, are also estimated by using a VARX Frequentist and a Bayesian VARX (BVARX) and by using the a priori methodology of Sims and Zha (1998). It is concluded that electricity is a normal good for the industry and a necessary good for the domestic demand. Furthermore, when energy prices increase approximately 20 %, the quarterly GDP growth falls to 1 % and it is stabilized one year and a half after the positive shock.

Angaben zum Objekt

• Sprache: Spanisch

Verweise und Beziehungen

• Erschienen in: Journal: Revista de Métodos Cuantitativos para la Economía y la Empresa ; ISSN: 1886-516X ; Volume: 16 ; Year: 2013 ; Pages: 216-249 ; Sevilla: Universidad Pablo de Olavide

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Bayesian Analysis: General ; Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models ; Energy: Demand and Supply; Prices ; Energy and the Macroeconomy
• Thema: electric power ; elasticities ; demand equation ; macroeconomic impacts ; GLS ; BVARX

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Espinosa Acuña, Óscar A. ; Vaca González, Paola, A. ; Ávila Forero, Raúl, A.
• Ereignis: Veröffentlichung
• (wer): Universidad Pablo de Olavide
• (wo): Sevilla
• (wann): 2013

Weitere Informationen

• Handle: http://hdl.handle.net/10419/113867
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ