Economic slowdown and manufactures in Mexico
This article demonstrates the existence of a process of economic slowdown in the Mexican economy during the last twenty eight years, where the top result has been a shortfall in job creation. According to the Kaldorian’s theory of growth, one factor explaining this situation is the lack of dynamism...
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| Format: | Artículo |
| Language: | spa |
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Universidad Autónoma de Ciudad Juárez
2021
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| Online Access: | http://erevistas.uacj.mx/ojs/index.php/noesis/article/view/210 |
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| Summary: | This article demonstrates the existence of a process of economic slowdown in the Mexican economy during the last twenty eight years, where the top result has been a shortfall in job creation. According to the Kaldorian’s theory of growth, one factor explaining this situation is the lack of dynamism of the industrial-manufacturing sector. This is demonstrated through the use of an OLS model and Granger causality test. The results suggest that growth requires, among other things, a new industrial policy that encourages the development of manufacturing output under the current international context. This paper suggests some elements for the construction of such a policy |
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| ISSN: | 2395-8669 |