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 medium...

詳細記述

書誌詳細
第一著者: Faal, Ebrima
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2005.
シリーズ:IMF Working Papers; Working Paper ; No. 2005/093
オンライン・アクセス:Full text available on IMF
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245 1 0 |a GDP Growth, Potential Output, and Output Gaps in Mexico /  |c Ebrima Faal. 
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300 |a 1 online resource (30 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2005/093 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2005/093/001.2005.issue-093-en.xml  |z IMF e-Library