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Impacto del Costo de la Energía Eléctrica en la Economía Chilena: Una Perspectiva Macroeconómica

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Abstract

El presente documento contiene mediciones del impacto del precio de la energía eléctrica sobre la economía chilena para el período 2000-2011. En particular se tomó como proxy para el precio de la energía el costo marginal de la energía eléctrica, variable altamente correlacionada con los precios de petróleo y el carbón. Para medir este impacto se usó primero un modelo macro simple para entender la dinámica de un shock energético en la macroeconomía. Se muestra que una baja elasticidad de sustitución de la energía con otros insumos, una agresiva respuesta del Banco Central a shocks inflacionarios y rigideces de salarios reales aumentan el impacto negativos de estos shocks sobre la actividad. Las estimaciones econométricas hechas con VAR indican que un shock en el precio de la energía eléctrica permanente de 10% reduce el crecimiento trimestral del PIB hasta en un 0,17%.

Suggested Citation

  • Carlos Garcia, 2012. "Impacto del Costo de la Energía Eléctrica en la Economía Chilena: Una Perspectiva Macroeconómica," ILADES-UAH Working Papers inv281, Universidad Alberto Hurtado/School of Economics and Business.
    • Handle: RePEc:ila:ilades:inv281
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    More about this item

    Keywords

    Energía eléctrica; macroeconomía; política monetaria; crecimiento; modelos VAR;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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