Impact of Mexico's energy reform on consumer welfare

作者: Francisco Ortiz-Arango , José Carlos Ramírez , Juan Rosellón , Juan Rosellón , Juan Rosellón

DOI: 10.1016/J.JUP.2021.101191

关键词: Public economicsEconomicsHousehold incomeDecileEconomic surplusSubsidyCounterfactual thinkingComparative staticsEnergy subsidiesWelfare

摘要: Abstract We study the impact of Mexico's energy reform on welfare electricity, liquified petroleum gas, and gasoline consumers between 2010 2018. utilize micro-level data to estimate income price elasticities. Comparative statics are used determine subsidy influences consumer surplus. A counterfactual is simulate industry's behavior under non-reform parameters. Data cover ten deciles sociodemographic characteristics in National Survey Household Income Expenditure. conclude that goods post-reform experimental group (2014–2018) experienced a gain compared control (2010–2014) at expense alternative social costs related subsidies.

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