Regulación Económica Para la Tarifa de Parqueaderos en Bogotá Mediante Precios Máximos (Economic Regulation for the Parking Fare in Bogota Through Maximum Prices)

Cuadernos de Economía, Vol. 31, No. 58, pp. 287-302, 2012

16 Pages Posted: 14 Feb 2013

See all articles by Jorge Andres Perdomo Calvo

Jorge Andres Perdomo Calvo

Universidad del País Vasco (UPV/EHU) - Department of Applied Economics III (Econometrics and Statistics)

Mariana Rubio Echeverri

Findeter S.A.

Date Written: December 28, 2012

Abstract

The main objective of this study is to estimate the price cap through which the parking service fares should be regulated in Bogota, by means of the theoretical guidelines of the transportation economic theory and under the price fixation criterion. The results of this analysis are evinced based on primary information (surveys), non linear (Box-Cox) total production cost, and mathematics optimization (comparative statics). It is concluded that current price per minute is overestimated.

Note: Downloadable document is in Spanish.

Keywords: Eeconomic regulation, parking fare, Bogota, prices cap, total cost function, Box-Cox, comparative static

JEL Classification: R41, R48, C81

Suggested Citation

Perdomo Calvo, Jorge Andres and Rubio Echeverri, Mariana, Regulación Económica Para la Tarifa de Parqueaderos en Bogotá Mediante Precios Máximos (Economic Regulation for the Parking Fare in Bogota Through Maximum Prices) (December 28, 2012). Cuadernos de Economía, Vol. 31, No. 58, pp. 287-302, 2012. Available at SSRN: https://ssrn.com/abstract=2216955

Jorge Andres Perdomo Calvo (Contact Author)

Universidad del País Vasco (UPV/EHU) - Department of Applied Economics III (Econometrics and Statistics) ( email )

Avda. Lehendakari Aguirre 83
Bilbao, Vizcaya 48015
Spain

Mariana Rubio Echeverri

Findeter S.A. ( email )

Calle 103 No. 19-20
Bogota
Colombia

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