The fuel consumption increase in Ciudad Juarez, Chihuahua

This research analyzes short–run gasoline consumption dynamics in Ciudad Juárez, Chihuahua, México. Parameter estimation is carried out using linear transfer function arima analysis. This market is of interest because it is influenced by regional, national, and international economic conditions due...

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Bibliographic Details
Authors: Fullerton Jr, Thomas M., Muñoz Sapien, Gabriel, Barraza de Anda, Martha Patricia, Domínguez Ruvalcaba, Lisbeily
Format: article
Status:Published version
Publication Date:2012
Country:México
Institution:UNIVERSIDAD AUTÓNOMA DE BAJA CALIFORNIA
Repository:Estudios Fronterizos
Language:Spanish
OAI Identifier:oai:ojs.localhost:article/88
Online Access:https://ref.uabc.mx/ojs/index.php/ref/article/view/88
Access Level:Open access
Keyword:Gasoline consumption
border economics
Economics
prices
competition
Consumption
demand
Econometrics economic cycles
Geography
tourism
consumo de gasolina
economía fronteriza
Economía
Precios
Competencia
Consumo
Demanda
Ciclos económicos Econometría
Geografía
Turismo
Description
Summary:This research analyzes short–run gasoline consumption dynamics in Ciudad Juárez, Chihuahua, México. Parameter estimation is carried out using linear transfer function arima analysis. This market is of interest because it is influenced by regional, national, and international economic conditions due to its location on the border with the United States. Explanatory variables that satisfy the significance criterion include the real price of gasoline in Ciudad Juárez, the price of gasoline in Ciudad Juárez relative to that charged across the border in el Paso, Texas, USA, and formal sector employment in Ciudad Juárez. Out–of–sample simulations indicate that the model is relatively accurate for forecasts of to 1 to 24 months into the future.