Resumen

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.

Palabras clave : market failures; government failures; aeronautical sector; Mexico.

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