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vol.15 issue29COFFEE AND TRANSPORT SYSTEM IN COLOMBIA: THE RAILROAD OF CÚCUTAFISCAL POLICY SHOCKS, PRIVATE CONSUMPTION, INVESTMENT AND OTHER MACROECONOMIC VARIABLES. THE CASE OF ARGENTINA author indexsubject indexarticles search
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Revista de Economía Institucional

Print version ISSN 0124-5996

Abstract

MARKET AND GOVERNMENT FAILURES IN THE MEXICAN AERONAUTICAL SECTOR. Rev.econ.inst. [online]. 2013, vol.15, n.29, pp.253-283. ISSN 0124-5996.

ABSTRACT Although efficiency was defined as one goal of aeronautical policy in Mexico, public policy makers did not necessarily pursue this objective during the period 2001-2012. To evaluate the performance of these agents in promoting efficiency we propose a scheme of analysis that takes into account institutional capacity and technical capabilities through which we identified various market and government failures. International liberalization and infrastructure expansion policies accompanied by institutional strengthening would improve the efficiency of the industry.

Keywords : market failures; government failures; aeronautical sector; Mexico.

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