Resumo

AROCHE REYES, Fidel. Productive Structure and Economic Growth in Mexico: A Multisectoral Perspective. Inv. Econ [online]. 2019, vol.78, n.309, pp.3-26.  Epub 20-Maio-2020. ISSN 0185-1667.  https://doi.org/10.22201/fe.01851667p.2019.309.70117.

The Mexican economy has shown four decades of slow growth; still it would be reasonable to expect changes in its productive structure along such a long period of time considered, as a result either of the embodied technical change or as a result of the economic policies, that have sought the integration with the US economy, among other causes. According to the so called “Kaldor-Verdoorn law”, growth is explained by the behaviour of both output and the manufacturing productivity; hence, in Mexico this sector must have lost its ability to induce growth in the economy as a whole. This paper examines such hypothesis from a structural perspective, considering such law, estimating also the output multipliers á la mode de Miyazawa.

Palavras-chave : Economic growth; Input-Output model; Kaldor-Verdoorn law; Mexican economy; O41; O47; C67; D57; O54.

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