The biophysical perspective of a middle income economy: Material flows in Mexico
AbstractWe analyse natural resource use dynamics in the Mexican economy during the last three decades. Despite low and uneven economic growth, the extraction and use of materials in the Mexican economy has continuously increased during the last 30Â years. In this period, population growth rather than economic growth was the main driving force for biophysical growth. In addition, fundamental changes have taken place in the primary sectors, in manufacturing, and in household consumption and these are reflected in an increasing emphasis on the use of fossil fuels and construction materials. Mexico's economy has been strongly influenced by international trade since the country commenced competing in international markets. In the 1970s, Mexico mainly exported primary resources. This pattern has changed and manufactured goods now have a much greater importance due to a boom in assembling industries. In contrast with other Latin American countries, Mexico has achieved a diversification of production, moving towards technology-intensive products and a better mix in its export portfolio. However, crude oil exports still represent the single most important export good. Mexico's material consumption is still well below the OECD average but is growing fast and the current resource use patterns may well present serious social and environmental problems to the medium and long-term sustainability of Mexico's economy and community. Information on natural resource use and resource productivity could provide valuable guidance for economic policy planning in Mexico.
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Bibliographic InfoArticle provided by Elsevier in its journal Ecological Economics.
Volume (Year): 68 (2008)
Issue (Month): 1-2 (December)
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Web page: http://www.elsevier.com/locate/ecolecon
Natural resources Resource use patterns and dynamics Physical accounting Material flows Resource use efficiency Mexico;
Other versions of this item:
- Ana C Gonzalez-Martinez & Heinz Schandl, 2007. "The Biophysical Perspective of a Middle Income Economy: Material Flows in Mexico," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2007-10, CSIRO Sustainable Ecosystems.
- Ana Citlalic Gonzalez-Martinez & Heinz Schandl, . "The biophysical perspective of a middle income economy: Material Flows in Mexico," UHE Working papers 2007_10, Universitat Autònoma de Barcelona, Departament d'Economia i Història Econòmica, Unitat d'Història Econòmica.
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
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