GDP growth, potential output, and output gaps in Mexico /

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Bibliographic Details
Author / Creator:Faal, Ebrima, author.
Imprint:[Washington, D.C.] : International Monetary Fund, Western Hemishpere Dept., 2005.
Description:1 online resource (30 pages)
Language:English
Series:IMF working paper, 2227-8885 ; WP/05/93
IMF working paper ; WP/05/93.
Subject:Gross domestic product -- Mexico.
Inflation (Finance) -- Mexico.
Capital productivity -- Mexico.
Capital productivity.
Gross domestic product.
Inflation (Finance)
Mexico.
Electronic books.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497558
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Western Hemisphere Department, issuing body.
ISBN:1283512165
9781283512169
9781451906486
145190648X
1462329659
9781462329656
1452703752
9781452703756
9786613824615
6613824615
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.
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.
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
Standard no.:10.5089/9781451906486.001