Abstract

BANEGAS RIVERO, Roger Alejandro  and  VERGARA GONZALEZ, Reyna. Influencia y divergencia de choques de precios del petróleo en precios del gas natural: ¿Mecanismo unidireccional o canales de transmisión?, una estimación mediante vectores estructurales con corrector de errores (SVEC), 1992 (I)-2011 (IV). EconoQuantum [online]. 2014, vol.11, n.1, pp.59-87. ISSN 2007-9869.

In this paper two mechanisms of oil price shocks on natural gas prices are evaluated of oil price shocks on natural gas prices (unidirectional way and transmission channels). These pathways have been used to investigate the influence and divergence between both prices. It is evident that oil prices affect direct and significantly in the long term. However, those prices are not connected in the short term by using Structural Vector Error Correction methodology (SVEC) (based on quarterly information: 1992 to 2011. It is also considered three natural gas prices: United States, Russia and Japan.

Keywords : Precios del petróleo y del gas natural; influencia y divergencia; mecanismos de transmisión de choques.

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