000069715 001__ 69715 000069715 005__ 20190709135611.0 000069715 0248_ $$2sideral$$a104736 000069715 037__ $$aART-2017-104736 000069715 041__ $$aeng 000069715 100__ $$0(orcid)0000-0001-9054-8552$$aArner Güerre, A.$$uUniversidad de Zaragoza 000069715 245__ $$aThe Spanish used oils market: A vector error correction model 000069715 260__ $$c2017 000069715 5060_ $$aAccess copy available to the general public$$fUnrestricted 000069715 5203_ $$aThe Spanish Used Oils Management Act (Royal Decree 679 of June 2, 2006), which mandated extended producer responsibility in the management of waste oils, set the recovery rate of used oils at 95% in 2006 and the refining rates of used oils at 55% and 65% in 2007 and 2008, respectively. This study examines the dynamic responses of the amount of used oils intended for re-refining and the price of base lubricant oils to the environmental objectives as fixed by the royal decree by estimating a vector error correction model. The results suggest that the quantity variable increases, but the effect is the opposite from the third period and beyond. The price variable increases, but the effect decreases at 2 years and beyond. In addition, the variable quantity causes the variation in the price variable. 000069715 540__ $$9info:eu-repo/semantics/openAccess$$aby$$uhttp://creativecommons.org/licenses/by/3.0/es/ 000069715 592__ $$a0.465$$b2017 000069715 593__ $$aEconomics, Econometrics and Finance (miscellaneous)$$c2017$$dQ1 000069715 593__ $$aEnergy (miscellaneous)$$c2017$$dQ2 000069715 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion 000069715 7102_ $$14008$$2225$$aUniversidad de Zaragoza$$bDpto. Estruc.Hª Econ.y Eco.Pb.$$cÁrea Economía Aplicada 000069715 773__ $$g7, 6 (2017), 1-10$$pInt. j. energy econ. policy$$tInternational journal of energy economics and policy$$x2146-4553 000069715 85641 $$uhttp://www.econjournals.com/index.php/ijeep/article/download/5512/3429$$zTexto completo de la revista 000069715 8564_ $$s404161$$uhttps://zaguan.unizar.es/record/69715/files/texto_completo.pdf$$yVersión publicada 000069715 8564_ $$s113423$$uhttps://zaguan.unizar.es/record/69715/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada 000069715 909CO $$ooai:zaguan.unizar.es:69715$$particulos$$pdriver 000069715 951__ $$a2019-07-09-12:22:43 000069715 980__ $$aARTICLE