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This work is the product of a study on the energy sector crisis and on the alternative solution offered by nuclear energy. The topic is mainly addressed to those readers interested in knowing some historical and current aspects, legislation and projection of the Colombian energy sector, as well...
Persistent link: https://www.econbiz.de/10015214050
The main purpose of this paper is to show evidence about the negative impact of oil price shocks in the economy of Spain. Since oil demand is continuously increasing all around the world and OPEC countries use to act having certain power to raise them, it is necessary to study how these price...
Persistent link: https://www.econbiz.de/10015218735
In this paper estimates the long-term relationship in the relationship Energy Consumption - GDP and GDP - Energy Consumption for 10 Latin America countries during the period 1971 to 2007. Through Cointegration test of Westerlund (2006) for panel data, which takes into account the possible...
Persistent link: https://www.econbiz.de/10015227490
The boom of commodity prices was affected by the last economic crisis. The importance of these prices - forecasting – for small and developing countries becomes an important factor in the structure of their balance sheets. In this context, we apply a pooling of different projections methods...
Persistent link: https://www.econbiz.de/10015229814
The price of oil has had a marked increase since 2002. The prices of Brent and West Texas Intermediate (WTI) crude -the two main benhcmarks of the market- have surpassed their historical maximum reached in 1991 during the first Gulf War, though, in real terms, the price of oil is still below...
Persistent link: https://www.econbiz.de/10015234956
The continued rise in oil prices since 2002 has resulted in a significant increase in export revenue for oil exporting countries. This increase in the price of oil and other commodities means that OPEC countries and Russia have received, between 2003 and 2006, a windfall of 1.3 trillion dollars...
Persistent link: https://www.econbiz.de/10015235058
Access to energy, in this case to a basic electricity service, is considered a human right as established in most countries’ National Constitution. High electricity costs are frequently seen as an obstacle to get energy access in the case of most vul-nerable households. In Argentina, the size...
Persistent link: https://www.econbiz.de/10015269729
This study analyzes the elasticities of demand and income from electricity for domestic and industrial use, for Colombia (2000-2011), by estimating demand equations by OLS. The impacts on macroeconomic variables, which generate changes in the price of electricity, are also estimated by using a...
Persistent link: https://www.econbiz.de/10011307203
Los precios altos del petróleo y el significativo incremento de los ingresos públicos provenientes de su explotación han implicado que el gas natural se vuelva muy importante para la economía boliviana. Este trabajo utiliza un modelo de Equilibrio General Computarizado (EGC) para evaluar los...
Persistent link: https://www.econbiz.de/10011941019
The process of dismantling a nuclear power plant involves a series of economic activities, linked to economic sectors other than energy, which represent an opportunity for economic development, not only for the local communities where the power plant is located, but also for the rest of the...
Persistent link: https://www.econbiz.de/10011995020