Oil Production Policy and Economic Development in Mexico

Hossein Razavi

The Energy Journal, 1985, vol. Volume 6, issue Number 2, 61-71

Abstract: The economics literature of the oil market is primarily concerned with the behavior of OPEC member countries, viewing the non-OPEC oil exporters as insignificant. Recently, however, oil exports by nonOPEC countries have expanded substantially, increasing the role these countries play in the oil market. Among these countries, Mexico is of special interest because it is the largest non-OPEC oil exporter, with huge petroleum resources; at the same time, it has an enormous requirement for foreign exchange.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 1985
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