Citas bibligráficas
Araujo, J., (2022). Piedras y plumas: explicando la respuesta asimétrica de los precios para la industria del petróleo en el Perú [Pontificia Universidad Católica del Perú]. http://hdl.handle.net/20.500.12404/21532
Araujo, J., Piedras y plumas: explicando la respuesta asimétrica de los precios para la industria del petróleo en el Perú []. PE: Pontificia Universidad Católica del Perú; 2022. http://hdl.handle.net/20.500.12404/21532
@misc{renati/534149,
title = "Piedras y plumas: explicando la respuesta asimétrica de los precios para la industria del petróleo en el Perú",
author = "Araujo Guevara, Joaquín Alonso",
publisher = "Pontificia Universidad Católica del Perú",
year = "2022"
}
The price asymmetry response consists in prices rising or falling more quickly than changes in costs. For the years taken for this paper, we suggest that this asymmetry could be present in the Peruvian oil industry, in the form of prices rise faster than they fall, which is detrimental for the consumers because they pay higher prices for diesel. In this paper we also seek for potential explanations that might cause this asymmetric response. In particular, we emphasize in changes of number of agents on the final stage of the oil industry chain, namely the acquisition of Pecsa by Primax, and in the investment flows that grew because of the expansion of Talara’s refinery. To determine the presence of the asymmetric response we use Error Correction Model, and the result reveals that in the years concerning this paper the price faced by final consumers rises faster than they fall before fluctuations in oil barrel price.
Este ítem está sujeto a una licencia Creative Commons Licencia Creative Commons