Gdp Growth, Potential Output, and Output Gaps in Mexico:
This paper analyzes the sources of Mexico''s economic growth since the 1960s and compares various decompositions of historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then assessed. Looking ahead, the paper presents...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2005
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 05/93 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper analyzes the sources of Mexico''s economic growth since the 1960s and compares various decompositions of historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then assessed. Looking ahead, the paper presents medium-term paths for GDP based on alternative assumptions for productivity growth rates. The results indicate that the most important factor underlying the slowdown in output growth was a decline in trend total factor productivity growth. Economic policy reforms and the introduction of NAFTA may have raised trend productivity growth in recent years. Further increases in productivity growth would appear necessary, however, to raise medium-term growth |
| Beschreibung: | 1 Online-Ressource (30 p) |
| ISBN: | 1451861125 9781451861129 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:24Z |
| indexdate | 2024-07-10T09:35:32Z |
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| spelling | Faal, Ebrima Verfasser aut Gdp Growth, Potential Output, and Output Gaps in Mexico Faal, Ebrima Washington, D.C International Monetary Fund 2005 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 05/93 This paper analyzes the sources of Mexico''s economic growth since the 1960s and compares various decompositions of historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then assessed. Looking ahead, the paper presents medium-term paths for GDP based on alternative assumptions for productivity growth rates. The results indicate that the most important factor underlying the slowdown in output growth was a decline in trend total factor productivity growth. Economic policy reforms and the introduction of NAFTA may have raised trend productivity growth in recent years. Further increases in productivity growth would appear necessary, however, to raise medium-term growth Online-Ausg http://elibrary.imf.org/view/IMF001/02716-9781451861129/02716-9781451861129/02716-9781451861129.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Faal, Ebrima Gdp Growth, Potential Output, and Output Gaps in Mexico |
| title | Gdp Growth, Potential Output, and Output Gaps in Mexico |
| title_auth | Gdp Growth, Potential Output, and Output Gaps in Mexico |
| title_exact_search | Gdp Growth, Potential Output, and Output Gaps in Mexico |
| title_exact_search_txtP | Gdp Growth, Potential Output, and Output Gaps in Mexico |
| title_full | Gdp Growth, Potential Output, and Output Gaps in Mexico Faal, Ebrima |
| title_fullStr | Gdp Growth, Potential Output, and Output Gaps in Mexico Faal, Ebrima |
| title_full_unstemmed | Gdp Growth, Potential Output, and Output Gaps in Mexico Faal, Ebrima |
| title_short | Gdp Growth, Potential Output, and Output Gaps in Mexico |
| title_sort | gdp growth potential output and output gaps in mexico |
| url | http://elibrary.imf.org/view/IMF001/02716-9781451861129/02716-9781451861129/02716-9781451861129.xml |
| work_keys_str_mv | AT faalebrima gdpgrowthpotentialoutputandoutputgapsinmexico |