Energy Policies and the Mexican Economy

The report looks at energy policies in Mexico (both a major energy producer, and consumer) within its economic context, how the energy sector is managed, and how it performs, and at the implications for economic growth and public finances, and by e...

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Main Author: World Bank
Format: ESMAP Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
GAS
GDP
OIL
Online Access:http://documents.worldbank.org/curated/en/2004/01/3199517/energy-policies-mexican-economy
http://hdl.handle.net/10986/20247
id okr-10986-20247
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AIR POLLUTION
ALLOCATIVE EFFICIENCY
AND ELECTRICITY
AUTOMOTIVE FUELS
BALANCE OF PAYMENTS
BARRELS PER DAY
BENCHMARK
CAPACITY EXPANSION
CAPITAL FORMATION
CAPITAL REQUIREMENTS
CARBON
COGENERATION
CONSUMERS
CRUDE PRODUCTION
DEMAND FOR ELECTRICITY
DEMAND FOR ENERGY
DEMAND GROWTH
DIESEL
DOMESTIC REFINING CAPACITY
ECONOMIC GROWTH
ELASTICITY
ELASTICITY OF SUBSTITUTION
ELECTRICITY
ELECTRICITY
ELECTRICITY DEMAND
ELECTRICITY GENERATION
ELECTRICITY SECTOR
EMISSION
EMISSION STANDARDS
EMISSIONS
END-USE
ENERGY CONSUMPTION
ENERGY CONSUMPTION PER CAPITA
ENERGY DEMAND
ENERGY POLICIES
ENERGY USE
ENVIRONMENTAL IMPACT
ENVIRONMENTAL STANDARDS
EQUILIBRIUM
EXPLOITATION
EXPORTS
EXTRACTION
FORECASTS
FOSSIL FUELS
FUEL
FUEL OIL
FUELS
FUTURE ENERGY DEMAND
GAS
GAS
GAS CONSUMPTION
GAS DISTRIBUTION
GAS FIELDS
GAS OUTPUT
GAS POLICY
GAS PRODUCTION
GAS RESERVES
GAS RESOURCES
GAS TURBINE
GAS USE
GASOLINE
GDP
GENERAL EQUILIBRIUM MODEL
GENERATION CAPACITY
GROSS DOMESTIC PRODUCT
GROWTH RATE
HYDROCARBON SECTOR
HYDROCARBONS
IMPORTS
INCOME
INCOME DISTRIBUTION
INCOME GROUPS
INFLATION
LABOR FORCE
LEISURE
LIGHTING
LIQUID PETROLEUM GAS
LIVING STANDARDS
MACROECONOMIC MANAGEMENT
MULTIPLIERS
NATURAL GAS
NATURAL GAS DEMAND
NATURAL GAS DEVELOPMENT
NATURAL GAS PRODUCTION
NET IMPORTS
OIL
OIL & GAS
OIL AND GAS
OIL COMPANIES
OIL DECLINE
OIL EQUIVALENT
OIL PRICE
OIL PRICES
OIL PRODUCERS
OIL PRODUCTION
OIL SECTOR
OIL SUPPLIES
OPEC
PARTIAL EQUILIBRIUM ANALYSIS
PER CAPITA ENERGY
PER CAPITA ENERGY USE
PETROCHEMICALS
PETROLEUM
PETROLEUM GAS
PIPELINES
POTENTIAL OUTPUT
POWER GENERATION
POWER PLANTS
PRICING
PRIMARY ENERGY
PRIMARY ENERGY CONSUMPTION
PRODUCERS
PRODUCTION FACILITIES
PRODUCTION INPUTS
PRODUCTION LEVELS
PRODUCTIVITY
PUBLIC EXPENDITURES
PURCHASING POWER
REAL WAGES
REFINED PRODUCTS
REFINERIES
REFINING
RENEWABLE ENERGY
RENEWABLE ENERGY RESOURCES
RENEWABLE ENERGY TECHNOLOGIES
RESERVES OF OIL
STICKY WAGES
TAX REVENUE
TAX REVENUES
THERMAL EFFICIENCY
THERMAL POWER
TRADEOFFS
TYPES OF ENERGY
UNEMPLOYMENT
UTILITIES
WAGES
WEALTH
WORLD ENERGY
spellingShingle AIR POLLUTION
ALLOCATIVE EFFICIENCY
AND ELECTRICITY
AUTOMOTIVE FUELS
BALANCE OF PAYMENTS
BARRELS PER DAY
BENCHMARK
CAPACITY EXPANSION
CAPITAL FORMATION
CAPITAL REQUIREMENTS
CARBON
COGENERATION
CONSUMERS
CRUDE PRODUCTION
DEMAND FOR ELECTRICITY
DEMAND FOR ENERGY
DEMAND GROWTH
DIESEL
DOMESTIC REFINING CAPACITY
ECONOMIC GROWTH
ELASTICITY
ELASTICITY OF SUBSTITUTION
ELECTRICITY
ELECTRICITY
ELECTRICITY DEMAND
ELECTRICITY GENERATION
ELECTRICITY SECTOR
EMISSION
EMISSION STANDARDS
EMISSIONS
END-USE
ENERGY CONSUMPTION
ENERGY CONSUMPTION PER CAPITA
ENERGY DEMAND
ENERGY POLICIES
ENERGY USE
ENVIRONMENTAL IMPACT
ENVIRONMENTAL STANDARDS
EQUILIBRIUM
EXPLOITATION
EXPORTS
EXTRACTION
FORECASTS
FOSSIL FUELS
FUEL
FUEL OIL
FUELS
FUTURE ENERGY DEMAND
GAS
GAS
GAS CONSUMPTION
GAS DISTRIBUTION
GAS FIELDS
GAS OUTPUT
GAS POLICY
GAS PRODUCTION
GAS RESERVES
GAS RESOURCES
GAS TURBINE
GAS USE
GASOLINE
GDP
GENERAL EQUILIBRIUM MODEL
GENERATION CAPACITY
GROSS DOMESTIC PRODUCT
GROWTH RATE
HYDROCARBON SECTOR
HYDROCARBONS
IMPORTS
INCOME
INCOME DISTRIBUTION
INCOME GROUPS
INFLATION
LABOR FORCE
LEISURE
LIGHTING
LIQUID PETROLEUM GAS
LIVING STANDARDS
MACROECONOMIC MANAGEMENT
MULTIPLIERS
NATURAL GAS
NATURAL GAS DEMAND
NATURAL GAS DEVELOPMENT
NATURAL GAS PRODUCTION
NET IMPORTS
OIL
OIL & GAS
OIL AND GAS
OIL COMPANIES
OIL DECLINE
OIL EQUIVALENT
OIL PRICE
OIL PRICES
OIL PRODUCERS
OIL PRODUCTION
OIL SECTOR
OIL SUPPLIES
OPEC
PARTIAL EQUILIBRIUM ANALYSIS
PER CAPITA ENERGY
PER CAPITA ENERGY USE
PETROCHEMICALS
PETROLEUM
PETROLEUM GAS
PIPELINES
POTENTIAL OUTPUT
POWER GENERATION
POWER PLANTS
PRICING
PRIMARY ENERGY
PRIMARY ENERGY CONSUMPTION
PRODUCERS
PRODUCTION FACILITIES
PRODUCTION INPUTS
PRODUCTION LEVELS
PRODUCTIVITY
PUBLIC EXPENDITURES
PURCHASING POWER
REAL WAGES
REFINED PRODUCTS
REFINERIES
REFINING
RENEWABLE ENERGY
RENEWABLE ENERGY RESOURCES
RENEWABLE ENERGY TECHNOLOGIES
RESERVES OF OIL
STICKY WAGES
TAX REVENUE
TAX REVENUES
THERMAL EFFICIENCY
THERMAL POWER
TRADEOFFS
TYPES OF ENERGY
UNEMPLOYMENT
UTILITIES
WAGES
WEALTH
WORLD ENERGY
World Bank
Energy Policies and the Mexican Economy
geographic_facet Latin America & Caribbean
Mexico
relation Energy Sector Management Assistance Programme (ESMAP) technical paper;no. 47
description The report looks at energy policies in Mexico (both a major energy producer, and consumer) within its economic context, how the energy sector is managed, and how it performs, and at the implications for economic growth and public finances, and by extension, for broader social policies which depend heavily on federal funding. The energy sector finds itself in a vicious circle - reduced budget and borrowing capacity are leading to insufficient sector investment - resulting in declines in future production, hence government revenue. Breaking this vicious circle is a major challenge, given that attracting finance for energy sector investment on a major scale, without government support, lies at the heart of the problem. The report reviews the choices to increase efficiency, and electricity subsidies, as well as those for efficiently expanding oil and gas output. Three key areas for reform are discussed: a) achieving permanent gains in operational efficiency of the power and hydrocarbons sectors, to lower costs and improve service quality; b) restructuring electricity subsidies, targeting the poorest households; and, c) opening the hydrocarbons sectors to new players, attracting funds and skills, needed to undertake exploration, and development of the country's oil and gas resources. A policy simulation outlines the potential dynamic, general equilibrium model, assessing the economic impact of alternative energy policies. The analysis indicates that whereby an overoptimistic picture of the economic performance results from weak employment and wage estimates, conversely, the importance of increasing oil production will be undervalued, if the wage constraint is ignored, since this may be the single most important variable for ensuring that the real wage constraint does not bite.
format Publications & Research :: ESMAP Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Energy Policies and the Mexican Economy
title_short Energy Policies and the Mexican Economy
title_full Energy Policies and the Mexican Economy
title_fullStr Energy Policies and the Mexican Economy
title_full_unstemmed Energy Policies and the Mexican Economy
title_sort energy policies and the mexican economy
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2004/01/3199517/energy-policies-mexican-economy
http://hdl.handle.net/10986/20247
_version_ 1764437370949599232
spelling okr-10986-202472021-04-23T14:03:38Z Energy Policies and the Mexican Economy World Bank AIR POLLUTION ALLOCATIVE EFFICIENCY AND ELECTRICITY AUTOMOTIVE FUELS BALANCE OF PAYMENTS BARRELS PER DAY BENCHMARK CAPACITY EXPANSION CAPITAL FORMATION CAPITAL REQUIREMENTS CARBON COGENERATION CONSUMERS CRUDE PRODUCTION DEMAND FOR ELECTRICITY DEMAND FOR ENERGY DEMAND GROWTH DIESEL DOMESTIC REFINING CAPACITY ECONOMIC GROWTH ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY SECTOR EMISSION EMISSION STANDARDS EMISSIONS END-USE ENERGY CONSUMPTION ENERGY CONSUMPTION PER CAPITA ENERGY DEMAND ENERGY POLICIES ENERGY USE ENVIRONMENTAL IMPACT ENVIRONMENTAL STANDARDS EQUILIBRIUM EXPLOITATION EXPORTS EXTRACTION FORECASTS FOSSIL FUELS FUEL FUEL OIL FUELS FUTURE ENERGY DEMAND GAS GAS GAS CONSUMPTION GAS DISTRIBUTION GAS FIELDS GAS OUTPUT GAS POLICY GAS PRODUCTION GAS RESERVES GAS RESOURCES GAS TURBINE GAS USE GASOLINE GDP GENERAL EQUILIBRIUM MODEL GENERATION CAPACITY GROSS DOMESTIC PRODUCT GROWTH RATE HYDROCARBON SECTOR HYDROCARBONS IMPORTS INCOME INCOME DISTRIBUTION INCOME GROUPS INFLATION LABOR FORCE LEISURE LIGHTING LIQUID PETROLEUM GAS LIVING STANDARDS MACROECONOMIC MANAGEMENT MULTIPLIERS NATURAL GAS NATURAL GAS DEMAND NATURAL GAS DEVELOPMENT NATURAL GAS PRODUCTION NET IMPORTS OIL OIL & GAS OIL AND GAS OIL COMPANIES OIL DECLINE OIL EQUIVALENT OIL PRICE OIL PRICES OIL PRODUCERS OIL PRODUCTION OIL SECTOR OIL SUPPLIES OPEC PARTIAL EQUILIBRIUM ANALYSIS PER CAPITA ENERGY PER CAPITA ENERGY USE PETROCHEMICALS PETROLEUM PETROLEUM GAS PIPELINES POTENTIAL OUTPUT POWER GENERATION POWER PLANTS PRICING PRIMARY ENERGY PRIMARY ENERGY CONSUMPTION PRODUCERS PRODUCTION FACILITIES PRODUCTION INPUTS PRODUCTION LEVELS PRODUCTIVITY PUBLIC EXPENDITURES PURCHASING POWER REAL WAGES REFINED PRODUCTS REFINERIES REFINING RENEWABLE ENERGY RENEWABLE ENERGY RESOURCES RENEWABLE ENERGY TECHNOLOGIES RESERVES OF OIL STICKY WAGES TAX REVENUE TAX REVENUES THERMAL EFFICIENCY THERMAL POWER TRADEOFFS TYPES OF ENERGY UNEMPLOYMENT UTILITIES WAGES WEALTH WORLD ENERGY The report looks at energy policies in Mexico (both a major energy producer, and consumer) within its economic context, how the energy sector is managed, and how it performs, and at the implications for economic growth and public finances, and by extension, for broader social policies which depend heavily on federal funding. The energy sector finds itself in a vicious circle - reduced budget and borrowing capacity are leading to insufficient sector investment - resulting in declines in future production, hence government revenue. Breaking this vicious circle is a major challenge, given that attracting finance for energy sector investment on a major scale, without government support, lies at the heart of the problem. The report reviews the choices to increase efficiency, and electricity subsidies, as well as those for efficiently expanding oil and gas output. Three key areas for reform are discussed: a) achieving permanent gains in operational efficiency of the power and hydrocarbons sectors, to lower costs and improve service quality; b) restructuring electricity subsidies, targeting the poorest households; and, c) opening the hydrocarbons sectors to new players, attracting funds and skills, needed to undertake exploration, and development of the country's oil and gas resources. A policy simulation outlines the potential dynamic, general equilibrium model, assessing the economic impact of alternative energy policies. The analysis indicates that whereby an overoptimistic picture of the economic performance results from weak employment and wage estimates, conversely, the importance of increasing oil production will be undervalued, if the wage constraint is ignored, since this may be the single most important variable for ensuring that the real wage constraint does not bite. 2014-09-18T19:50:56Z 2014-09-18T19:50:56Z 2004-01 http://documents.worldbank.org/curated/en/2004/01/3199517/energy-policies-mexican-economy http://hdl.handle.net/10986/20247 English en_US Energy Sector Management Assistance Programme (ESMAP) technical paper;no. 47 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: ESMAP Paper Publications & Research Latin America & Caribbean Mexico