Biofuel Production and Rural Employment in Colombia 2009-2015

This paper estimates the effect of the biofuel mixing policy on the Colombian rural employment. To this end, we apply an empirical methodology based on autoregressive vectors –VAR–. This one allows us to estimate the short-run employment elasticity and to simulate its evolution when biofuel or its p...

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Main Authors: Barrientos Marin, Jorge, Vasco Correa, Carlos Andrés
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2020
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/10426
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author Barrientos Marin, Jorge
Vasco Correa, Carlos Andrés
author_facet Barrientos Marin, Jorge
Vasco Correa, Carlos Andrés
author_sort Barrientos Marin, Jorge
collection OJS
description This paper estimates the effect of the biofuel mixing policy on the Colombian rural employment. To this end, we apply an empirical methodology based on autoregressive vectors –VAR–. This one allows us to estimate the short-run employment elasticity and to simulate its evolution when biofuel or its prices suffer a positive shock. We construct a monthly database that contains production, prices, and employment levels during 2009-2015 in Colombia. Underlying empirical structure and how elasticity can be estimated in vector models will be studied, and finally we analyze biofuel promotion policy and its effects on jobs. The estimated dynamic correlations show that there is no appreciable effect on the employment levels when there are variations in biofuels production and prices levels.
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spelling oai:oai.revistas.uptc.edu.co:article-104262022-06-17T21:35:35Z Biofuel Production and Rural Employment in Colombia 2009-2015 Producción de biocombustibles y empleo rural en Colombia 2009-2015 Barrientos Marin, Jorge Vasco Correa, Carlos Andrés economic planning; economic policy; energy policy; employment; energy economics; biofuels; VAR models; planificación económica; política económica; política energética; empleo; economía de la energía; biocombustibles; modelos VAR; This paper estimates the effect of the biofuel mixing policy on the Colombian rural employment. To this end, we apply an empirical methodology based on autoregressive vectors –VAR–. This one allows us to estimate the short-run employment elasticity and to simulate its evolution when biofuel or its prices suffer a positive shock. We construct a monthly database that contains production, prices, and employment levels during 2009-2015 in Colombia. Underlying empirical structure and how elasticity can be estimated in vector models will be studied, and finally we analyze biofuel promotion policy and its effects on jobs. The estimated dynamic correlations show that there is no appreciable effect on the employment levels when there are variations in biofuels production and prices levels. Este trabajo de investigación estima el efecto de la política de mezcla de biocombustibles sobre la generación de empleo rural en Colombia, a través de la aplicación de la metodología empírica basada en vectores autorregresivos (VAR), para estimar la elasticidad del nivel de empleo y simular su comportamiento cuando la producción y los precios de biocombustibles o combustibles fósiles sufren variaciones. Se construye una base de datos que contiene nivel de producción, precios y empleo con periodicidad mensual entre 2009 y 2015 en Colombia. Se estudia la estructura empírica subyacente y la manera como se puede estimar la elasticidad en modelos vectoriales, finalmente se analiza la política de promoción de los biocombustibles y sus efectos sobre la generación de empleo. Las correlaciones dinámicas estimadas muestran que no existe un efecto apreciable sobre el nivel de empleo cuando hay variaciones en los niveles de producción y precios de los biocombustibles. Universidad Pedagógica y Tecnológica de Colombia 2020-08-10 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/10426 10.19053/01203053.v39.n70.2020.10426 Apuntes del Cenes; Vol. 39 No. 70 (2020); 233-260 Apuntes del Cenes; Vol. 39 Núm. 70 (2020); 233-260 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/10426/9841 https://revistas.uptc.edu.co/index.php/cenes/article/view/10426/11557 Copyright (c) 2020 Jorge Barrientos Marin, Carlos Andrés Vasco Correa http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle economic planning; economic policy; energy policy; employment; energy economics; biofuels; VAR models;
planificación económica; política económica; política energética; empleo; economía de la energía; biocombustibles; modelos VAR;
Barrientos Marin, Jorge
Vasco Correa, Carlos Andrés
Biofuel Production and Rural Employment in Colombia 2009-2015
title Biofuel Production and Rural Employment in Colombia 2009-2015
title_alt Producción de biocombustibles y empleo rural en Colombia 2009-2015
title_full Biofuel Production and Rural Employment in Colombia 2009-2015
title_fullStr Biofuel Production and Rural Employment in Colombia 2009-2015
title_full_unstemmed Biofuel Production and Rural Employment in Colombia 2009-2015
title_short Biofuel Production and Rural Employment in Colombia 2009-2015
title_sort biofuel production and rural employment in colombia 2009 2015
topic economic planning; economic policy; energy policy; employment; energy economics; biofuels; VAR models;
planificación económica; política económica; política energética; empleo; economía de la energía; biocombustibles; modelos VAR;
topic_facet economic planning; economic policy; energy policy; employment; energy economics; biofuels; VAR models;
planificación económica; política económica; política energética; empleo; economía de la energía; biocombustibles; modelos VAR;
url https://revistas.uptc.edu.co/index.php/cenes/article/view/10426
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AT vascocorreacarlosandres producciondebiocombustiblesyempleoruralencolombia20092015