RT info:eu-repo/semantics/article
T1 Energy prices and competitiveness in Latin American emerging economies
A1 Torres Zorrilla, Jorge
A1 Guillén, Jorge B.
A2 Ediciones Universidad de Valladolid
K1 Economía política
K1 Economía de empresa
AB This paper presents an evaluation of the impact of international oil prices on the competitiveness of three emergent economies in Latin America. We use the methodology of input-output tables for: Peru, Chile and Colombia. Recent outstanding macroeconomic performance of these three emergent countries caused an increase in their demand for energy, which deepened their trade deficit of oil. The effects of high petroleum prices are divided into (a) the impact on costs of new energy prices and (b) the impact on competitiveness. The main conclusion is that energy inputs today constitute the most important cost for industries in Peru, Chile, and Colombia. We recommend some policies for energy efficiency that are consistent with the competitiveness of these three emerging market economies.
SN 0213-7569
YR 2009
FD 2009
LK http://uvadoc.uva.es/handle/10324/19821
UL http://uvadoc.uva.es/handle/10324/19821
LA spa
NO Anales de estudios económicos y empresariales, 2009, N.19, pags.91-120
DS UVaDOC
RD 22-nov-2024