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La fijación de precios de reventa únicos por los editores de libros

Author

Listed:
  • Castañeda Sabido, Alejandro I.

    (El Colegio de México)

  • Martínez Quintero, Oscar

    (Comisión Reguladora de Energía)

  • Ruiz Pérez, Daniel

    (Comisión Federal de Competencia Económica)

Abstract

Background: This paper studies the behavior of book prices resulting from the approval of the Law for Promotion of Reading and the Book. The law became official in July 2008. Methodology: We surveyed the literature related with the topic and analyzed the statistical evidence before and after the law came into effect. Results: The evidence is consistent with the commitment theory. The regime of resale price maintenance imposed by law allowed the upstream monopolist (editor) to extend its monopoly power to the downstream market. Conclusions: We conclude that the law changed the price fixation process in the sale of books by increasing the inflation on books at a higher rate in comparison with the inflation that would have been observed in the absence of the law. // Antecedentes: este trabajo analiza el impacto sobre el comportamiento de precios de libros debido a la aprobación de la Ley de Fomento para la Lectura y el Libro, publicada en el Diario Oficial de la Federación en julio de 2008. Metodología: se revisa la literatura académica relacionada con el tema y se analiza la evidencia estadística sobre el comportamiento de los precios antes y después de la aprobación de la ley. Resultados: la evidencia es compatible con la teoría del compromiso, que plantea que el productor aguas arriba (editores) mantiene su poder monopólico en el mercado aguas abajo (venta final) a través de una ley que obliga al mantenimiento de precios de reventa. Conclusiones: se concluye que la ley cambió la dinámica de fijación de precios aumentando la inflación en libros, por encima de lo que hubiera ocurrido en ausencia de su aprobación.

Suggested Citation

  • Castañeda Sabido, Alejandro I. & Martínez Quintero, Oscar & Ruiz Pérez, Daniel, 2019. "La fijación de precios de reventa únicos por los editores de libros," El Trimestre Económico, Fondo de Cultura Económica, vol. 86(341), pages 5-27, enero-mar.
  • Handle: RePEc:elt:journl:v:86:y:2019:i:341:p:5-27
    DOI: http://dx.doi.org/10.20430/ete.v86i341.835
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    More about this item

    Keywords

    Estructura de mercado; monopolio; precios de reventa; industria editorial; política pública;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
    • L78 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Government Policy

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