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Análisis histórico de la relación macroeconomía-petróleo en México: 1970-2006

Author

Listed:
  • Alejandro Villagómez

    (Division of Economics, CIDE)

  • Alejandro Castañeda

Abstract

This work performs a revision and an analysis about the macroeconomic impact of petroleum exploitation and exports in our country during the past thirty years. In this context; this study points out that the new transmission channels of the macroeconomic effect of petroleum are the public finances and the public deficit; with grater precision, the financial requirements of the public sector. The seriousness of this impact depends on the response of the fiscal and monetary policy that the authorities adopt.

Suggested Citation

  • Alejandro Villagómez & Alejandro Castañeda, 2006. "Análisis histórico de la relación macroeconomía-petróleo en México: 1970-2006," Working papers DTE 375, CIDE, División de Economía.
    • Handle: RePEc:emc:wpaper:dte375
    as

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    File URL: http://www.economiamexicana.cide.edu/RePEc/emc/pdf/DTE/DTE375.pdf
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    More about this item

    Keywords

    macroeconomic impact; petroleum exploitation; exports;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets

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