Caeteris Paribus, 1, año 8, marzo 2005, pp.13-18 -Spanish version-
Abstract
This brief essay reviews the macro framework of oil and economy in Mexico
in the early days of the oil industry, from 1900 to 1938. The first section
displays the figures of production at the world level and shows how Mexico
become a major oil producer in the 1920s. The second section look at the
Mexican economy of the first third of the century followed by a third
section on the importance of the oil sector in terms of trade and fiscal
income. The last section reviews the literature and the outlooks of the
contemporaries over the development of the oil industry in the early part
of the 20th century. The paper will be of use for those producing in depth
analyses of the Mexican oil industry in this period.
Other authors
Universitat Pompeu Fabra. Departament d'Economia i Empresa