The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...

Electricity prices have seen a consistent upward trend since the implementation of Mexico's electricity market reform (RME). This has been interpreted by some as a failure of the RME. In this paper we study the determinants of such price increases. We calculate the generation cost curve of the...

Antitrust law plays a fundamental role in promoting efficient markets and safeguarding consumer interests. In this regard, economic analysis has become a crucial tool for assessing firms' conduct and the potential anticompetitive effects of their actions in markets and consumer welfare. This...

This paper analyses the problem about regulation access charges when there is a natural monopoly which has to be used by several companies in order to provide other services. for instance, long distance calls requires to have access to the local telephone network, generally considered as a...

This paper studies the pricing policy of gasoline in Colombia from when it was subsidized until recent years. It uses the economic theory of the public sector to outline the changes which occurred in the central government in terms of technical pricing. It also emphasizes the role played by the...

This paper analyzes entry deterrence strategies at sequential multi-unit Englishtype repeated auctions, motivated by entry deterrence observed at a series of yearly auctions of fishing rights occurring since the early 1990s in the Chilean Sea Bass industrial fishery. It analyzes parametric...

This study shows that the 2014 tax reform in Chile (Law No. 20.780) caused a significant increase in housing sales prices. We exploit the way tax regulation was applied in Chile to generate an analysis framework based on a natural experiment. By applying difference-in-difference estimation...

The present article analyses the evolution of the concentration of the Colombian electrical generation market based on the technological diversification indexes and H-H and C-4 concentration indexes, during the period 1995-2004. Concentration herein is an enterprise behavior which, from the...

La subasta es el mecanismo fundamental por medio del cual el Banco Central de Bolivia (BCB) ejecuta sus operaciones de mercado abierto, instrumento principal de su política monetaria. Este mecanismo es utilizado también en la colocación de valores para financiamiento fiscal. Luego de varios...