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Análisis de los fundamentales del precio de la energía eléctrica: evidencia empírica para Colombia

Author

Listed:
  • Jorge Barrientos Marín
  • Mónica Toro Martínez
Abstract
En este trabajo estamos interesados en estudiar los fundamentales del mercado que afectan la formación de los precios de la energía eléctrica en Colombia, así como evaluar el efecto de choques positivos en algunas variables identificadas como responsables de la formación del precio. Para el objetivo se estiman procesos VAR. Adicionalmente se lleva a cabo un ejercicio de pronósticos exploratorios para determinar la trayectoria futura del precio de la energía en los próximos diez anos. La conclusión principal del trabajo es que, dadas las condiciones del mercado eléctrico colombiano, las variables que afectan principalmente los precios de la energía son: la demanda, la hidrología y la disponibilidad declarada. En cuanto al pronóstico, los precios muestran una tendencia creciente para los próximos anos con una caída y recuperación en 2018.

Suggested Citation

  • Jorge Barrientos Marín & Mónica Toro Martínez, 2017. "Análisis de los fundamentales del precio de la energía eléctrica: evidencia empírica para Colombia," Revista de Economía del Caribe 17148, Universidad del Norte.
    • Handle: RePEc:col:000382:017148
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    References listed on IDEAS

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    More about this item

    Keywords

    Mercado de energía de corto plazo; precio; VAR; Función de Impulso Respuesta; pronóstico;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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