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Pemex: ¿La no empresa de todos los mexicanos?

Author

Listed:
  • Víctor Gerardo Carreón Rodríguez

    () (Division of Economics, CIDE)

  • Miriam Grunstein Dickter

    () (Division of Economics, CIDE)

Abstract

Although there exist the conditions and reasons to let Pemex become a trully state owned, commercialy oriented, oil company, in reality Pemex does not behave as such, due to the limitations posed by its legal framework. Such legal framework poses severe limitations to Pemex’s capacity in making the decisions which would enable it to perform in its fullest commercial potential. Pemex’s transformation into a true publicly owned company does not require it to abandon its structure of public law to adopt one of private law. Finally, it is impossible to conceive Pemex’s transformation into a true company without the accord of all of Mexico’s political actors involved in the decision making process.

Suggested Citation

  • Víctor Gerardo Carreón Rodríguez & Miriam Grunstein Dickter, 2012. "Pemex: ¿La no empresa de todos los mexicanos?," Working papers DTE 538, CIDE, División de Economía.
  • Handle: RePEc:emc:wpaper:dte538
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    File URL: http://cide.edu/repec/economia/pdf/DTE538.pdf
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    More about this item

    Keywords

    oil sector; legal framework; economic restrictions;

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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