IDEAS home Printed from https://ideas.repec.org/p/col/000122/010945.html
   My bibliography  Save this paper

Formación del precio de las transacciones internacionales de electricidad entre Colombia y Ecuador

Author

Listed:
  • John J. García

    ()

  • Catalina Gómez

    ()

  • Santiago Bohórquez

    ()

Abstract

En este artículo se describe la operación de las transacciones internacionales de electricidad entre Colombia y Ecuador, su principal regulación y las características más importantes de ambos mercados haciendo énfasis en la formación del precio. Además se hacen dos ejercicios econométricos, análisis de componentes principales y beta convergencia, para observar si ha existido convergencia en precios entre estos dos países llegando a la conclusión de no convergencia en precios entre los dos mercados. ***** This article describes the operation of the international electric transactions between Colombia and Ecuador, its principal regulation and the most important characteristics of both markets paying special attention to the price formation. There is also two econometrics exercises, principal component analysis and beta convergence, to see if there has been price convergence between these two countries showing that there is no price convergence between both markets.

Suggested Citation

  • John J. García & Catalina Gómez & Santiago Bohórquez, 2012. "Formación del precio de las transacciones internacionales de electricidad entre Colombia y Ecuador," Documentos de Trabajo CIEF 010945, Universidad EAFIT.
    • Handle: RePEc:col:000122:010945
    as

    Download full text from publisher

    File URL: http://repository.eafit.edu.co/bitstream/handle/10784/1002/2012_31_Jhon_Jairo_Garcia.pdf?sequence=1&isAllowed=y
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Lewis Evans & Graeme Guthrie & Steen Videbeck, 2008. "Assessing The Integration Of Electricity Markets Using Principal Component Analysis: Network And Market Structure Effects," Contemporary Economic Policy, Western Economic Association International, vol. 26(1), pages 145-161, January.
    2. Glanchant, J-M. & Pignon, V., 2003. "Nordic Electricity Congestion's Arrangement as a Model for Europe: Physical Constraints or Operators' Opportunity," Cambridge Working Papers in Economics 0313, Faculty of Economics, University of Cambridge.
    3. Zachmann, Georg, 2008. "Electricity wholesale market prices in Europe: Convergence?," Energy Economics, Elsevier, vol. 30(4), pages 1659-1671, July.
    4. Joanna Wolszczak-Derlacz, 2008. "Price convergence in the EU—an aggregate and disaggregate approach," International Economics and Economic Policy, Springer, vol. 5(1), pages 25-47, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Integracion Energetica; Analisis de componentes Principales; Convergencia en precios; Colombia-Ecuador;

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L8 - Industrial Organization - - Industry Studies: Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000122:010945. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Centro de Investigaciones Económicas y Financieras (CIEF)). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.