We develop the trivariate probit model in which the sample incidentally truncates twice —i.e. in the first and in the second equations—, which is not solved in the literature. The model is analogue to the so called Bivariate Probit with Sample Selection (also referred as Bivariate Probit...

In Mexico, the electricity sector is one of the most important for the economy. It is a crucial input for the industry. The standard of living of the mexican population depends on the access to electricity. This relevance has generated, since former Mexican President Ernesto Zedillo’s proposal...

During the auction of the Mexican Radio Spectrum that took place in 2010, the central issues in the public opinion were about the potential fiscal revenue and the possible damage to the State’s assets. None of the postures posted by the media considered the impacts of revoking the auction...

In this document we analyze the infrastructure and human resources (hospitals, beds, ORs, doctors and nurses, among others), both in the public and the private sector, to determine the installed capacity in the country to meet the potential demand that will be faced in case of universal...

Mexico is a highly centralized federation. The states and municipalities are highly dependent on federal transfers and so equally at risk to the country’s fiscal dependence on oil. Although Mexico has become more truly federal since multiparty competition has become vibrant and several states...

En años recientes el gobierno mexicano se ha comprometido a cumplir ambiciosas reducciones de emisiones de gases de efecto invernadero. Sin embargo, un análisis de las reformas en el sector energía de 2008 revela que en las medidas adoptadas no está definido adecuadamente el papel que...

In this paper, we analyze de market for electricity generation in Mexico through the merit order model. Using data for capacity, load factors, and expected demand for 2004; we carry out a simulation to find the lowest generation cost for the Mexican Electricity System. We find that steam plants...