La restricción externa dinámica al crecimiento de México a través de las propensiones del comercio, 1970-1999
AbstractThe Post Keynesian argument that the main limitation to growth -basically of any middle income country- is due to the trade deficit. This feature, which is structural, is called -within this frame work- External Constraint to Growth, ECG, through cointegration and ECM analysis for exports and imports functions, it is empirically demonstrated the dynamic evolution of the ECG, for 1970-1999. Despite the Mexican Economy is considerably linked to the international economy, manufacturing leads the growth process and several structural reforms have been implemented since 1985, the main conclusion is that the ECG has not changed.
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Bibliographic InfoArticle provided by El Colegio de México, Centro de Estudios Económicos in its journal Estudios Económicos.
Volume (Year): 16 (2001)
Issue (Month): 2 ()
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Juan Carlos Moreno-Brid & Esteban Pérez, 1999. "Balance-of-Payments-Constrained Growth in Central America: 1950-96," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 22(1), pages 131-147, October.
- Dawn Richards Elliott & Rupert Rhodd, 1999. "Explaining growth rate differences in highly indebted countries: an extension to Thirlwall and Hussain," Applied Economics, Taylor & Francis Journals, vol. 31(9), pages 1145-1148.
- H. Sonmez Atesoglu, 1995. "An explanation of the slowdown in US economic growth," Applied Economics Letters, Taylor and Francis Journals, vol. 2(4), pages 91-94.
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