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Overview of the neoclassical production function and the market structure: An application to the Mexican cement industry from 1963 to 1983
This study provides an overview of the Neoclassical theory of production as well as topics on market structure. It analyzes transportation costs, pricing, and economies of scale that determine production concentration and ...
A portfolio approach for the TESOBONO problem in Mexico during 1994: A simple model
During 1994 domestic and foreign investors in Mexico increased the share of TESOBONOS in their portfolios when they perceived the possibility of a future devaluation of the Mexican peso or, in other words, the abandonment ...
Optimal contracts for trade restrictions
This paper addresses the question of how the government should elicit cost information from a high or low domestic industry to determine socially optimal levels of imports. The results are shown to depend on whether firms ...