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Desalineamiento del precio del cobre

Author

Listed:
  • Eduardo Lopez E.

    (Banco Central de Chile)

  • Lorena Palomeque S.

    (Universidad Alberto Hurtado, Chile.)

Abstract

Este trabajo estudia el comportamiento del precio del cobre para el período 2002-2009, incorporando el rol de los fundamentales en su determinación. Del análisis de la contribución relativa de los factores que explican las fluctuaciones del precio del cobre, se concluye que las fluctuaciones del dólar, de la demanda global y las revisiones de expectativas respecto de los precios futuros son los principales factores detrás de los movimientos del precio. Los factores puramente financieros parecen tener un impacto estadísticamente significativo especialmente en el corto plazo.

Suggested Citation

  • Eduardo Lopez E. & Lorena Palomeque S., 2011. "Desalineamiento del precio del cobre," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 26(1), pages 83-105, Junio.
  • Handle: RePEc:ila:anaeco:v:26:y:2011:i:1:p:83-105
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    More about this item

    Keywords

    Precio del cobre; demanda global; modelos de corrección de errores.;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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