Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Western Hemisphere Department, issuing body.
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ISBN: | 1283512165 9781283512169 9781451906486 145190648X 1462329659 9781462329656 1452703752 9781452703756 9786613824615 6613824615
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Notes: | "May 2005." Includes bibliographical references (pages 28-30). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | 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.
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Other form: | Print version: Faal, Ebrima. GDP growth, potential output, and output gaps in Mexico. [Washington, D.C.] : International Monetary Fund, Western Hemishpere Dept., 2005
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Standard no.: | 10.5089/9781451906486.001
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