México requiere realizar cambios estructurales sustanciales en el sector eléctrico durante el presente sexenio. Dicha modificación, debe ser resultado de una intensa discusión económica, técnica y política, considerando seriamente las propuestas ejecutivas y legislativas y que permita...

En 2001, los presidentes de Norteamérica reconocieron que, como países vecinos y socios comerciales, sus sectores de energía merecen ser analizados desde una visión regional y se pueden tener ventajas de cooperación energética para las tres naciones. Norteamérica es una de las regiones...

In this paper, we analyze how an airline can take advantage of airport dominance of a whole network in a market characterized by short-haul routes and congestion. In order to tackle this issue, we estimate an equation system, which is based on theoretical grounds, for the Spanish domestic...

This note describes a worked-out example of the Dixit-Stiglitz model of product differentiation, generalized in two directions; career choice is endogenous and firms can produce many products

We develop a new method to estimate the returns to R&D, their distribution, and their determinants. We model a continuous optimal treatment with outcome heterogeneity, where the treatment outcome depends on the applicant’s investment. The model takes into account application costs, and...

The paper examines competition between two development models, proprietary and open-source (``OS''). It first defines and compares those two models and then analyzes the influence the development of one type of software has on the development of the other. The paper is based on the (La)TeX case...

This article presents interview results which are part of a wider research programme into the control bank managers have of their banks' return generating resources (captured as core capabilities). In particular, changes in growth opportunities within bank markets emerging from regulatory change...

A recent merger “wave” has occurred within the economy, including the agricultural sector. Some research has been conducted on publicly traded companies, but there is little information available on merger activity within agricultural cooperatives. This paper presents the results of a recent...

We analyze two and three-dimensional variants of Hotelling's model of differentiated products. In our setup, consumers can place different importance on each product attribute; this is measured by a weight in the disutility of distance in each dimension. Two firms play a two-stage game; they...

This paper develops a model of airline competition. The model is based on a demand and pricing equation system, which is estimated for the Spanish airline market. The empirical implementation of the equation system relies on a simultaneous rather than a consecutive procedure. I test the...