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
Juan Felipe Parra
MPRA Paper from University Library of Munich, Germany
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.
Keywords: Fuels; Subsidies; Redistributive Effects (search for similar items in EconPapers)
JEL-codes: D3 D4 H2 H5 (search for similar items in EconPapers)
Date: 2016-10
New Economics Papers: this item is included in nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:74733
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