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Regulated expansion of electricity transmission networks: the effects of fluctuating demand and wind generation
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We study the performance of different regulatory approaches for the expansion of electricity transmission networks in the light of realistic demand patterns and fluctuating wind power. In particular, we are interested in ...
Removing cross-border capacity bottlenecks in the European natural gas market: a proposed merchant-regulatory mechanism
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We propose a merchant-regulatory framework to promote investment in the European natural-gas network infrastructure based on a price cap over two-part tariffs. As suggested by Vogelsang (2001) and Hogan et al., (2010), a ...
Effect of tariff liberalization on Mexico's income distribution in the presence of migration
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
This paper studies how the North American Free Trade Agreement (NAFTA)
affected income distribution within Mexico given internal migration. Trade
liberalization should theoretically increase the income of low-skilled ...
Entrada de supermercados en México
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We estimate ordered probit models to analyze the determinants of
supermarket entry. We use reduced form models in which de profits are
function of observable variables. These variables influence cost and demand
and ...
Semi-empirical likelihood estimation of manufacturing interaction-based model with asymmetric information
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
A semi-empirical likelihood estimator is proposed for models where agents interact under asymmetric information. The methodology focuses on situations where some variables that were privately observed when choices were ...