Published

2010-07-01

ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION

Keywords:


Price, Gasoline, Colombia (es)

Authors

  • MARYLONE MONTOYA-TORRES Facultad de Minas, Universidad Nacional de Colombia
  • ADRIANA MARTÍNEZ-CASTRO Facultad de Minas, Universidad Nacional de Colombia
  • GIOVANNI FRANCO-SEPÚLVEDA Universidad Nacional de Colombia
This paper presents an analysis of the price structure of gasoline in Colombia from 1999 to 2009, by doing a comparison of the resolution with which the Colombian government sets the actual price regarding the public sale price in general in the different service stations. The beginning shows how the WTI price influences the gasoline prices in countries such as United States, Venezuela, and France, but for Colombia the relation is not clear yet. Then the article exposes the factors used to set the price of gasoline in Colombia. Finally, it is concluded that the price of Colombian gasoline is very high and does not follow the equation proposed by the government and the factors that have the most influence on the final price are the producer income mainly affected by the WTI and the Market Representative Rate.

How to Cite

IEEE

[1]
M. MONTOYA-TORRES, A. MARTÍNEZ-CASTRO, and G. FRANCO-SEPÚLVEDA, “ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION”, DYNA, vol. 77, no. 163, pp. 279–289, Jul. 2010.

ACM

[1]
MONTOYA-TORRES, M., MARTÍNEZ-CASTRO, A. and FRANCO-SEPÚLVEDA, G. 2010. ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION. DYNA. 77, 163 (Jul. 2010), 279–289.

ACS

(1)
MONTOYA-TORRES, M.; MARTÍNEZ-CASTRO, A.; FRANCO-SEPÚLVEDA, G. ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION. DYNA 2010, 77, 279-289.

APA

MONTOYA-TORRES, M., MARTÍNEZ-CASTRO, A. and FRANCO-SEPÚLVEDA, G. (2010). ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION. DYNA, 77(163), 279–289. https://revistas.unal.edu.co/index.php/dyna/article/view/25560

ABNT

MONTOYA-TORRES, M.; MARTÍNEZ-CASTRO, A.; FRANCO-SEPÚLVEDA, G. ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION. DYNA, [S. l.], v. 77, n. 163, p. 279–289, 2010. Disponível em: https://revistas.unal.edu.co/index.php/dyna/article/view/25560. Acesso em: 18 feb. 2025.

Chicago

MONTOYA-TORRES, MARYLONE, ADRIANA MARTÍNEZ-CASTRO, and GIOVANNI FRANCO-SEPÚLVEDA. 2010. “ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION”. DYNA 77 (163):279-89. https://revistas.unal.edu.co/index.php/dyna/article/view/25560.

Harvard

MONTOYA-TORRES, M., MARTÍNEZ-CASTRO, A. and FRANCO-SEPÚLVEDA, G. (2010) “ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION”, DYNA, 77(163), pp. 279–289. Available at: https://revistas.unal.edu.co/index.php/dyna/article/view/25560 (Accessed: 18 February 2025).

MLA

MONTOYA-TORRES, M., A. MARTÍNEZ-CASTRO, and G. FRANCO-SEPÚLVEDA. “ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION”. DYNA, vol. 77, no. 163, July 2010, pp. 279-8, https://revistas.unal.edu.co/index.php/dyna/article/view/25560.

Turabian

MONTOYA-TORRES, MARYLONE, ADRIANA MARTÍNEZ-CASTRO, and GIOVANNI FRANCO-SEPÚLVEDA. “ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION”. DYNA 77, no. 163 (July 1, 2010): 279–289. Accessed February 18, 2025. https://revistas.unal.edu.co/index.php/dyna/article/view/25560.

Vancouver

1.
MONTOYA-TORRES M, MARTÍNEZ-CASTRO A, FRANCO-SEPÚLVEDA G. ANALYSIS OF THE GASOLINE PRICE IN COLOMBIA: APPROXIMATION. DYNA [Internet]. 2010 Jul. 1 [cited 2025 Feb. 18];77(163):279-8. Available from: https://revistas.unal.edu.co/index.php/dyna/article/view/25560

Download Citation

Article abstract page views

312

Downloads