Mexico; Selected Issues
This Selected Issues paper analyzes the sources of Mexico’s economic growth since the 1960s, and compares various decompositions of historical growth into trend and cyclical components. The role of the implied output gaps in the inflation process is assessed. The paper presents medium-term paths for GDP based on alternative productivity growth rates. The paper also describes the significant steps Mexico has taken to strengthen the structure of its public debt in recent years, both in terms of currency composition and maturity.
Year of publication: |
2004-12-23
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultations | Selected issues | gdp growth | equation | real gdp | total factor productivity | growth rates | growth accounting | economic growth | correlation | gdp per capita | growth rate | covariance | time series | equations | business cycle | standard error | standard deviation | econometrics | statistic | rate of change | random walk | prediction | probability | private consumption | statistics | capital formation | standard deviations | maximum likelihood estimation | random walks | estimation period | autocorrelation | survey | business cycles | mean square | functional form | forecasting |
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