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Oil Production Policy and Economic Development in Mexico

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  • Hossein Razavi

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 non-OPEC 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.

Suggested Citation

  • Hossein Razavi, 1985. "Oil Production Policy and Economic Development in Mexico," The Energy Journal, , vol. 6(2), pages 61-72, April.
    • Handle: RePEc:sae:enejou:v:6:y:1985:i:2:p:61-72
    DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No2-5
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