Resumen

CABALLERO GUENDOLAIN, Karina  y  GALINDO PALIZA, Luis Miguel. El consumo de energía en México y sus efectos en el producto y los precios. Prob. Des [online]. 2007, vol.38, n.148, pp.127-152. ISSN 0301-7036.

The paper's main object is to analyze the relationships between energy consumption, production and prices in the Mexican economy. The relevant results indicate that consumption is closely related to the movement of production and has a negative but inelastic relationship with the price of energy. At the same time, given the rise in energy prices, it was found that production falls as the general price level increases. This interdependence between macroeconomic variables and energy prices indicates that an increase in the latter is insufficient to control energy consumption, thus limiting the use of prices as a unique public policy instrument. This scenario makes it hard to consider the option of decoupling the trajectory of energy consumption and production in coming years.

Palabras llave : energy; production; prices; co-integration; structural stability.

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