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La política de precios de la gasolina en Colombia: Antecedentes, impacto distributivo y su relación con la crisis fiscal
[Gasoline price policy in Colombia: Background, distributive impact and its relationship with the fiscal crisis]

Author

Listed:
  • Parra, Juan Felipe
Abstract
This paper studies the pricing policy of gasoline in Colombia from when it was subsidized until recent years. It uses the economic theory of the public sector to outline the changes which occurred in the central government in terms of technical pricing. It also emphasizes the role played by the state petroleum company on the Colombian fiscal crisis in beginning of the century and it refers to the place of oil in the productive activity. Finally, this paper estimates the distributional characteristic of Feldstein (1972) in order to understand the effect of removing the gasoline subsidy.

Suggested Citation

  • Parra, Juan Felipe, 2016. "La política de precios de la gasolina en Colombia: Antecedentes, impacto distributivo y su relación con la crisis fiscal [Gasoline price policy in Colombia: Background, distributive impact and its ," MPRA Paper 74733, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:74733
    as

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    File URL: https://mpra.ub.uni-muenchen.de/74733/1/MPRA_paper_74733.pdf
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    References listed on IDEAS

    as
    1. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
    2. Hernán Rincón & Ignacio Lozano & Jorge Ramos, 2008. "Rentas petroleras, subsidios e impuestos a los combustibles en Colombia: ¿Qué ocurrió durante el choque reciente de precios?," Borradores de Economia 541, Banco de la Republica de Colombia.
    3. Feldstein, Martin S, 1972. "Distributional Equity and the Optimal Structure of Public Prices," American Economic Review, American Economic Association, vol. 62(1), pages 32-36, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Fuels; Subsidies; Redistributive Effects;
    All these keywords.

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H5 - Public Economics - - National Government Expenditures and Related Policies

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