ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION

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Main Author: MARYLONE MONTOYA-TORRES
Format: Artículo científico
Language:es
Published: Universidad Nacional de Colombia 2010
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author MARYLONE MONTOYA-TORRES
author_facet MARYLONE MONTOYA-TORRES
contents ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION MARYLONE MONTOYA-TORRES ADRIANA MARTÍNEZ-CASTRO GIOVANNI FRANCO-SEPÚLVEDA Ingeniería Price Gasoline Colombia This paper presents an analysis of the price structure of gasoline in Colombia from 1999 to 2009, by doing a comparison of the resolution with which the Colombian government sets the actual price regarding the public sale price in general in the different service stations. The beginning shows how the WTI price influences the gasoline prices in countries such as United States, Venezuela, and France, but for Colombia the relation is not clear yet. Then the article exposes the factors used to set the price of gasoline in Colombia. Finally, it is concluded that the price of Colombian gasoline is very high and does not follow the equation proposed by the government and the factors that have the most influence on the final price are the producer income mainly affected by the WTI and the Market Representative Rate. 2010 artículo científico 0012-7353 https://www.redalyc.org/articulo.oa?id=49615099030 es http://www.redalyc.org/revista.oa?id=496 Dyna application/pdf Universidad Nacional de Colombia Dyna (Colombia) Num.163 Vol.77
format Artículo científico
id redalyc_49615099030
institution Redalyc
language es
publishDate 2010
publisher Universidad Nacional de Colombia
spellingShingle ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION
MARYLONE MONTOYA-TORRES
Ingeniería
Price
Gasoline
Colombia
ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION MARYLONE MONTOYA-TORRES ADRIANA MARTÍNEZ-CASTRO GIOVANNI FRANCO-SEPÚLVEDA Ingeniería Price Gasoline Colombia This paper presents an analysis of the price structure of gasoline in Colombia from 1999 to 2009, by doing a comparison of the resolution with which the Colombian government sets the actual price regarding the public sale price in general in the different service stations. The beginning shows how the WTI price influences the gasoline prices in countries such as United States, Venezuela, and France, but for Colombia the relation is not clear yet. Then the article exposes the factors used to set the price of gasoline in Colombia. Finally, it is concluded that the price of Colombian gasoline is very high and does not follow the equation proposed by the government and the factors that have the most influence on the final price are the producer income mainly affected by the WTI and the Market Representative Rate. 2010 artículo científico 0012-7353 https://www.redalyc.org/articulo.oa?id=49615099030 es http://www.redalyc.org/revista.oa?id=496 Dyna application/pdf Universidad Nacional de Colombia Dyna (Colombia) Num.163 Vol.77
title ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION
topic Ingeniería
Price
Gasoline
Colombia
url https://www.redalyc.org/articulo.oa?id=49615099030