One of the most important economic strategic sectors in any economy is the electricity market. Its main feature is its oligopolistic character favoured by the returns to scale which act as an entry barrier. As a result, the energy generators can use their power market in order to increase their...

One of the most important economic strategic sectors in any economy is the electricity market. Its main feature is its oligopolistic character favoured by the returns to scale which act as an entry barrier. As a result, the energy generators can use their power market in order to increase their...

Spanish Abstract: Este documento presenta un modelo de oferta y demanda para explicar por qué el precio de la vivienda es mayor en Bogotá que en Medellín. Por medio de una estimación por máxima verosimilitud (Vector de Corrección de Error - VEC), los resultados muestran un efecto...

Spanish Abstract: El objetivo de este escrito es analizar el desempeño del Mercado Eléctrico Mayorista - MEM en los veinte años de existencia. Después de describir el funcionamiento del mercado spot, el mercado de largo plazo y el cargo por confiabilidad; se analiza el efecto de variables como...

Este documento analiza el comportamiento de la industria del cemento en Colombia en las últimas décadas. En particular, estudia la relación que existe entre el precio y las cantidades producidas de cemento durante el período 1980 - 2006, así como los determinantes del comportamiento de...

Este trabajo analiza los efectos y consecuencias potenciales de la desregulación del mercado chileno de generación eléctrica. Propone un modelo del sistema de generación que aplica la teoría de juegos no cooperativos en un contexto estático y dinámico. En Chile se han hecho estudios...

This work shows if firms use debt strategically in order to stop entry of potential rivals in their industry. Using Generalized Method of Moments estimation (GMM) we evaluate the effect of assets, market share and size as proxies for market revenue, and the entry barriers over indebtedness...

This study evaluated the impact of the University Initiation Course (UIC) of the Andres Bello Catholic University, Montalban, Caracas, Venezuela, from 2008 to 2011, under the hypothesis of a better academic result for the students that participated in this program. The research was based on a...

The objective of this study is to estimate the socioeconomic impact of the deployment of last-mile digital infrastructure in Latin America and the Caribbean. To measure the impact of the economic and social aspects of this type of infrastructure, the analysis differentiates according to the...

This study evaluated the impact of the University Initiation Course (UIC) of the Andres Bello Catholic University, Montalban, Caracas, Venezuela, from 2008 to 2011, under the hypothesis of a better academic result for the students that participated in this program. The research was based on a...