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来源类型Working Paper
规范类型报告
DOI10.3386/w24547
来源IDWorking Paper 24547
An Economic Perspective on Mexico's Nascent Deregulation of Retail Petroleum Markets
Lucas W. Davis; Shaun McRae; Enrique Seira Bejarano
发表日期2018-04-30
出版年2018
语种英语
摘要Retail petroleum markets in Mexico are on the cusp of a historic deregulation. For decades, all 11,000 gasoline stations nationwide have carried the brand of the state-owned petroleum company Pemex and sold Pemex gasoline at federally regulated retail prices. This industry structure is changing, however, as part of Mexico's broader energy reforms aimed at increasing private investment. Since April 2016, independent companies can import, transport, store, distribute, and sell gasoline and diesel. In this paper, we provide an economic perspective on Mexico's nascent deregulation. Although in many ways the reforms are unprecedented, we argue that past experiences in other markets give important clues about what to expect, as well as about potential pitfalls. Turning Mexico's retail petroleum sector into a competitive market will not be easy, but the deregulation has enormous potential to increase efficiency and, eventually, to reduce prices.
主题Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Environmental and Resource Economics ; Energy
URLhttps://www.nber.org/papers/w24547
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582220
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Lucas W. Davis,Shaun McRae,Enrique Seira Bejarano. An Economic Perspective on Mexico's Nascent Deregulation of Retail Petroleum Markets. 2018.
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