Abstract

ORTIZ ARANGO, Francisco; RAMIREZ, José Carlos  and  ROSELLON, Juan. The effects of natural gas market reforms in Mexico on its prices, sales and foreign trade. Contad. Adm [online]. 2021, vol.66, n.3, 00004.  Epub Feb 07, 2022. ISSN 0186-1042.  https://doi.org/10.22201/fca.24488410e.2021.2841.

The objective of this article is to evaluate changes produced by regulatory reforms in the Mexican natural gas market between 2009 and 2018. For this purpose, various unit tests and structural breaks are carried out on the series of volumes and prices of natural gas that describe their behavior in national and international markets. The results of the statistical analysis support that all series are subject to structural changes in tendency and intercept between 2016 and 2017, so that they show a unit root. Consequences of such behaviors are relevant the since shocks on series are permanent and due to the start of the reform.

Keywords : Regulatory reform; Natural gas; Time series analysis; Structural change, Mexico.

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