Brito, Dagobert L.; Rosellón, Juan - In: Review of Network Economics 4 (2005) 1, pp. 75-92
The Comisión Reguladora de Energía of Mexico has implemented a netback rule for linking the Mexican natural gas price to the Texas natural gas benchmark price in an industry structure characterized by a vertically integrated state-owned monopoly. This paper shows that in an open economy where...
