IDEAS home Printed from
   My bibliography  Save this paper

Oil and economy in Mexico, 1900-1930s


  • M. del Mar Rubio


This brief essay reviews the macro framework of oil and economy in Mexico in the early days of the oil industry, from 1900 to 1938. The first section displays the figures of production at the world level and shows how Mexico become a major oil producer in the 1920s. The second section look at the Mexican economy of the first third of the century followed by a third section on the importance of the oil sector in terms of trade and fiscal income. The last section reviews the literature and the outlooks of the contemporaries over the development of the oil industry in the early part of the 20th century. The paper will be of use for those producing in depth analyses of the Mexican oil industry in this period.

Suggested Citation

  • M. del Mar Rubio, 2003. "Oil and economy in Mexico, 1900-1930s," Economics Working Papers 690, Department of Economics and Business, Universitat Pompeu Fabra.
  • Handle: RePEc:upf:upfgen:690

    Download full text from publisher

    File URL:
    File Function: Whole Paper
    Download Restriction: no

    References listed on IDEAS

    1. Hofman, André A., 2000. "The economic development of Latin America in the twentieth century," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1650 edited by Eclac, December.
    Full references (including those not matched with items on IDEAS)

    More about this item


    First oil boom; governmen income; export-led growth; Mexico;

    JEL classification:

    • N5 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:upf:upfgen:690. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.