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Precios Eléctricos Flexibles

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  • Juan Pablo Montero

    ()
    (Instituto de Economía)

  • Hugh Rudnick

Abstract

One of the critiques to the regulatory framework of the Chilean electricity sector is the lack of flexibility for regulated prices (nodal prices) to adapt to changes in supply and demand. We develop a simple model to estimate welfare losses when using uni

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Bibliographic Info

Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía-Latin American Journal of Economics-Latin American Journal of Economics.

Volume (Year): 38 (2001)
Issue (Month): 113 ()
Pages: 91-109

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Handle: RePEc:ioe:cuadec:v:38:y:2001:i:113:p:91-109

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Keywords: Electricity pricing; electricity prices; regulation;

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References

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  1. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
  2. Hsing, Yu, 1994. "Estimation of residential demand for electricity with the cross-sectionally correlated and time-wise autoregressive model," Resource and Energy Economics, Elsevier, vol. 16(3), pages 255-263, August.
  3. S. Baranzoni & P. Bianchi & L. Lambertini, 2000. "Market Structure," Working Papers 368, Dipartimento Scienze Economiche, Universita' di Bologna.
  4. Carlos Díaz & Alexander Galetovic & Raimundo Soto, 1999. "Anatomía de una crisis eléctrica," Documentos de Trabajo 64, Centro de Economía Aplicada, Universidad de Chile.
  5. Rómulo Chumacero & Ricardo Paredes & José Miguel Sánchez, 2000. "Regulación para Crisis de Abastecimiento: Lecciones del Racionamiento Eléctrico en Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(111), pages 323-338.
  6. Gabriel Fierro & Pablo Serra, 1993. "Un Modelo de Estimación del Costo de Falla: el Caso de Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 30(90), pages 247-260.
  7. Barnes, Roberta & Gillingham, Robert & Hagemann, Robert, 1981. "The Short-run Residential Demand for Electricity," The Review of Economics and Statistics, MIT Press, vol. 63(4), pages 541-52, November.
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Cited by:
  1. Alexander Galetovic & Juan Ricardo Inostroza & Cristián Marcelo Muñoz, 2004. "Gas y Electricidad: ¿qué hacer ahora? (Gas and electricity: What should we do now?)," Documentos de Trabajo 198, Centro de Economía Aplicada, Universidad de Chile.
  2. Juan Pablo Montero & Salvador Valdés, 2004. "Notas para una Regulación Eficiente de la Transmisión Eléctrica," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(123), pages 255-283.
  3. Alexander Galetovic & Juan Carlos Olmedo & Humberto Soto, 2002. "Una estimación del costo social de eliminar los déficit de abastecimiento eléctrico en el SIC," Documentos de Trabajo 129, Centro de Economía Aplicada, Universidad de Chile.

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