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Timing of Investment in LPG Pipelines in Mexico

Brito, Dagobert and Rosellón, Juan (2002): Timing of Investment in LPG Pipelines in Mexico. Published in: El Trimestre Económico , Vol. 69(4), No. 276 (2002): pp. 567-581.

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Abstract

This paper addresses the timing of optimal investment in LPG pipelines when the goal is to maximize consumer surplus less private cost and social of transporting LPG. The loss of consumer surplus is small. The important elements are the private cost of transporting LPG and the congestion created by trucks.

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