IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Heterogeneidad en la fijación de precios en Colombia: análisis de sus determinantes a partir de modelos de conteo

  • Martha Misas A.

    ()

  • Juan Carlos Parra A.

    ()

  • Enrique López E.

    ()

En este documento se estudian los determinantes de la heterogeneidad observada en laflexibilidad de precios, empleando los resultados encontrados en una encuesta directa por Misaset al. (2009). Para esto se utilizan los modelos de conteo y se diseñan e implementan unconjunto de pruebas de especificación y de selección de modelos que garantizan una correctainferencia estadística. En términos generales, los determinantes más significativos a la hora deexplicar el grado de flexibilidad de los precios, son las características del producto, los acuerdoscontractuales y el sector económico al que pertenece la firma. Por su parte, técnicas demercadeo, como la posibilidad de discriminar precios entre compradores, son menossignificativas. También se encuentra que la existencia de leyes o decretos administrativos, laexistencia de líderes en precios y los movimientos de costos no explican la heterogeneidad en elproceso de fijación de los precios.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://cea.javeriana.edu.co/documents/153049/2786252/Vol.11_2_2011.pdf/4644ecc5-510d-4414-83a9-aa3a01ba0887
Download Restriction: no

Paper provided by UNIVERSIDAD JAVERIANA - BOGOTÁ in its series VNIVERSITAS ECONÓMICA with number 008301.

as
in new window

Length: 40
Date of creation: 31 Jan 2011
Date of revision:
Handle: RePEc:col:000416:008301
Contact details of provider:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Maria Melkersson & Dan-Olof Rooth, 2000. "Modeling female fertility using inflated count data models," Journal of Population Economics, Springer, vol. 13(2), pages 189-203.
  2. Lombardo, Giovanni & Vestin, David, 2007. "Welfare implications of Calvo vs. Rotemberg pricing assumptions," Working Paper Series 0770, European Central Bank.
  3. Taylor, John B, 1980. "Aggregate Dynamics and Staggered Contracts," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 1-23, February.
  4. Rotemberg, Julio J, 1982. "Monopolistic Price Adjustment and Aggregate Output," Review of Economic Studies, Wiley Blackwell, vol. 49(4), pages 517-31, October.
  5. Daniel de Munnik & Kuan Xu, 2007. "Micro Foundations of Price-Setting Behaviour: Evidence from Canadian Firms," Working Papers 07-31, Bank of Canada.
  6. Dennis W. Carlton, 1986. "The Theory and the Facts of How Markets Clear: Is Industrial Organization Valuable for Understanding Macroeconomics?," University of Chicago - George G. Stigler Center for Study of Economy and State 44, Chicago - Center for Study of Economy and State.
  7. Mark Bils & Peter J. Klenow, 2004. "Some Evidence on the Importance of Sticky Prices," Journal of Political Economy, University of Chicago Press, vol. 112(5), pages 947-985, October.
  8. Carlos Carvalho, 2005. "Heterogeneity in Price Setting and the Real Effects of Monetary Shocks," Macroeconomics 0509017, EconWPA, revised 12 Sep 2005.
  9. Robert J. Gordon, 1981. "Output Fluctuations and Gradual Price Adjustment," NBER Working Papers 0621, National Bureau of Economic Research, Inc.
  10. Calvo, Guillermo A., 1983. "Staggered prices in a utility-maximizing framework," Journal of Monetary Economics, Elsevier, vol. 12(3), pages 383-398, September.
  11. Donald W. K. Andrews, 1997. "A Conditional Kolmogorov Test," Econometrica, Econometric Society, vol. 65(5), pages 1097-1128, September.
  12. Juan Manuel Julio, 2010. "Heterogeneidad Observada y no Observada en la Formación de los Precios del Ipc Colombiano," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE.
  13. Benigno, Pierpaolo, 2001. "Optimal Monetary Policy in a Currency Area," CEPR Discussion Papers 2755, C.E.P.R. Discussion Papers.
  14. Richard Ruggles, 1955. "The Nature of Price Flexibility and the Determinants of Relative Price Changes in the Economy," NBER Chapters, in: Business Concentration and Price Policy, pages 441-505 National Bureau of Economic Research, Inc.
  15. Begoña Álvarez & Miguel A. Delgado, 2002. "Goodness-of-fit techniques for count data models: an application to the demand for dental care in Spain," Empirical Economics, Springer, vol. 27(3), pages 543-567.
  16. Luis J. Álvarez & Ignacio Hernando, 2005. "The price setting behaviour of Spanish firms: evidence from survey data," Banco de Espa�a Working Papers 0537, Banco de Espa�a.
  17. Martha Misas A. & Enrique López E. & Juan Carlos Parra A., . "La formación de precios en las empresas colombianas: evidencia a partir de una encuesta directa," Borradores de Economia 569, Banco de la Republica de Colombia.
  18. Aoki, Kosuke, 2001. "Optimal monetary policy responses to relative-price changes," Journal of Monetary Economics, Elsevier, vol. 48(1), pages 55-80, August.
  19. Carvalho Carlos, 2006. "Heterogeneity in Price Stickiness and the Real Effects of Monetary Shocks," The B.E. Journal of Macroeconomics, De Gruyter, vol. 6(3), pages 1-58, December.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:col:000416:008301. 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: (Jorge Alberto Restrepo)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.