Teoría y práctica: curva de la demanda del petróleo crudo venezolano

Ph.D Alfredo Ascanio

Observatorio de la Economía Latinoamericana, 2004, issue 34

Abstract: The article applies the statistical analysis to the curve of demand of the crude oil produced in Venezuela. It is shown that only relating the tendency of the real price with the tendency of the crude oil per-cápita production (the method of the relative changes) can be found a not abstract but empirical relation between price and production. Nevertheless, the production as variable, is barely one of the multiples variable independent, which does very complex to reckon the comportment of the prices.

Keywords: demand of crude oil; relative changes between prices and quantities produced. (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:erv:observ:y:2004:34:alas

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