Implicaciones de bienestar en el sector residencial de la unificación tarifaria en el servicio de electricidad en el departamento de Antioquia

In the Department of Antioquia a change was evidenced in the welfare level of its citizens because the unification of the price service of electricity due to EPM acquired the 100% of the EADE’s shares. Specifically, the new price service implied a decline in the welfare of 0.53% at aggregated level....

Full description

Autores:
Ramírez Hassan, Andrés
Londoño Zapata, Edwar
Tipo de recurso:
Fecha de publicación:
2020
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/15523
Acceso en línea:
http://hdl.handle.net/10784/15523
Palabra clave:
D12
D60
Análisis de bienestar
Variación equivalente
Datos de panel
servicio de electricidad.
Rights
License
Copyright (c) 2009 Andrés Ramírez Hassan, Edwar Londoño Zapata
Description
Summary:In the Department of Antioquia a change was evidenced in the welfare level of its citizens because the unification of the price service of electricity due to EPM acquired the 100% of the EADE’s shares. Specifically, the new price service implied a decline in the welfare of 0.53% at aggregated level. However, the changes in the welfare level are too heterogeneous when the data is seen by income level and location. For example, households with lower income and outside the metropolitan area increased their welfare level 1.5%, whereas households in the metropolitan area with higher income experienced a loss of 1.5% in their welfare level. It is important to realize that demand’s price elasticities are increasing with stratum, while the demand’s income elasticities are decreasing. Additionally, the short term elasticities are smaller than long term, the demand for electricity has a stationary effect in the fourth quarter and there is no effect due to substitute services. Finally, a simulated scenario that implies a change in the national legal field shows that it is possible to obtain better distributional effects and higher increments at aggregated level in the welfare without a detriment in the financial position of the firm.