The impact of gasoline prices on Mexican firms

The present document examines the effects of changes on regular and premium gasoline prices on any firm performance. Using panel data from the Mexican economic census of 1999, 2004 and 2009 the current work also studies the effect of gasoline average prices and price volatility on gross production, employed personnel and economic units. We estimate three specifications and our results show that average gasoline prices tend to decrease gross production and employed personnel, no significant evidence of gasoline price volatility was found. --Abstract h. 4.