This paper uses fare changes in Mexico City, Guadalajara, and Monterrey to estimate the
price elasticity of demand for urban rail transit. In two of the cases there is a significant fare …

We use panel data on the location, prices, and quality of the universe of gas stations in
Mexico to study the competitive effects of entry on incumbent firms. Using more than 1,000 …

Understanding the economic and social effects of the recent global trends of rising market
concentration and market power has become a policy priority, particularly in developing …

The success of market deregulation in low-and middle-income countries depends on the
strength of price and non-price competition between firms. In this paper, we study the …

In 2022, the global economy faced an unprecedented energy-price shock, leading to a
substantial surge in fuel prices. In this context, Mexico employed its excise tax framework to …

Nigeria's downstream oil and gas sector (O&G), a critical driver of economic growth, faces an
intricate web of challenges that continue to disrupt the O&G supply chain and impede its …

We document the following stylized facts for the Mexican retail market for gasoline using
data for 2018-2019:(1) consumer prices adjust slower than wholesale prices;(2) more …

India is the third-largest country in fuel consumption and followed the Administered Pricing
Policy for fixing the retail fuel prices. In June 2017, India moved to Automatic Fuel Pricing on …

We document the following stylized facts for the Mexican retail market for gasoline using
data for 2018-2019:(1) consumer prices adjust slower than wholesale prices;(2) more …

Economic theories that aim to explain firms' location behaviour reach different, often
contradictory, conclusions. Predictions of maximum or minimum spatial differentiation are …