La dinámica de los precios de la gasolina en Colombia, su regulación y estructura tarifaria*

The Dynamics of Gasoline Prices in Colombia, their Regulation and Tariff Structure

Fabián Ricardo Martínez Cruz, Carlos Mateo Perilla Castañeda and Juan David Urquijo Vanegas

Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: The consumption of refined fuels in our current society works as a determinant in the daily productive development of every person mainly because of the use of transport issues. In this way, this good is subject to different regulatory factors in its price that ensure that the State, society and producers benefits by its production and sale. Thus, this document will study how the dynamics of prices in Colombia works by analyzing the operation of it in comparison with the Latin American panorama, due to its proximity and similarities in costs; and how this dynamic is affected by external factors such as movements in international oil prices. It is found that the current structure is too complex and inefficient if we want to improve competitiveness and prices in the market and that a clear policy by the Government could not only stimulate the sector but also boost the country's productivity taking into consideration the transition to renewable fuels.

Keywords: Gasoline; Regulation; Price Structure; Fiscal Policy (search for similar items in EconPapers)
JEL-codes: E62 E64 L71 (search for similar items in EconPapers)
Pages: 30
Date: 2019-05
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Published in Econografos

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Persistent link: https://EconPapers.repec.org/RePEc:col:000176:022733

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