Eficiencia y competencia en el mercado de combustibles de la República Dominicana
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Date
Subject
fuel price
competition
Price Import Parity
oligopoly
combustibles
competencia
precio paridad de importación
competition
Price Import Parity
oligopoly
combustibles
competencia
precio paridad de importación
Language:
Journal Title
Journal ISSN
Volume Title
Publisher
Instituto Tecnológico de Santo Domingo (INTEC)
Este documento analiza algunas de las normativas que rigen el mercado de combustibles dominicano con el objetivo de proponer mejoras que incrementen la eficiencia y la competencia. Partiendo de un análisis descriptivo y econométrico para estimar la importancia del mercado de los combustibles en la economía dominicana, el trabajo se concentra en analizar aspectos de la legislación relacionados con la fijación de precios, de márgenes de intermediación y de costos de entrada dentro del sector, para luego realizar una serie de recomendaciones orientadas a reducir los costos de operación e incrementar el dinamismo del mercado. El trabajo muestra que los costos de entrada, al igual que el establecimiento de precios a través de la fórmula de Precio de Paridad de Importación (PPI), son mecanismos ineficientes que dislocan el uso de recursos y elevan los costos del uso de combustibles energéticos para las empresas y para el consumidor final. El mercado de combustibles dominicano cuenta con un número importante de actores que permiten una mayor competencia dentro de este mercado.
This document analyzes the regulations that govern the Dominican fuel market and propose improvements that increase market efficiency and competition. We combined a political economy and applied econometric focus to analyze the regulatory framework related to pricing, intermediation margins, and entry costs within the sector, and we propose several recommendations aimed at reducing operating costs and increasing market dynamism. We conclude that the industry entrance costs and the determination of prices through the Import Parity Price (PPI) formula are inefficient mechanisms that dislocate the use of resources and raise the costs of using energy fuels for consumers and businesses.
This document analyzes the regulations that govern the Dominican fuel market and propose improvements that increase market efficiency and competition. We combined a political economy and applied econometric focus to analyze the regulatory framework related to pricing, intermediation margins, and entry costs within the sector, and we propose several recommendations aimed at reducing operating costs and increasing market dynamism. We conclude that the industry entrance costs and the determination of prices through the Import Parity Price (PPI) formula are inefficient mechanisms that dislocate the use of resources and raise the costs of using energy fuels for consumers and businesses.
Description
Type
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/publishedVersion
Source
Science, Economy & Business; Vol 3 No 2 (2019): Science, Economics and Business; 61-106
Ciencia, Economía y Negocios; Vol. 3 Núm. 2 (2019): Ciencia, Economía y Negocios; 61-106
2613-8778
2613-876X
10.22206/ceyn.2019.v3i2
Ciencia, Economía y Negocios; Vol. 3 Núm. 2 (2019): Ciencia, Economía y Negocios; 61-106
2613-8778
2613-876X
10.22206/ceyn.2019.v3i2