Industrial growth and consumer goods inflation in Mexico: an econometric analysis

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cepal.articleNo8
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/PUB.2019/26-P
cepal.docTypeRevistas
cepal.jelCodeC32
cepal.jelCodeF41
cepal.jelCodeJ24
cepal.jobNumberRVI129_Cuevas
cepal.physicalDescriptiongráficos., tablas.
cepal.regionalOfficeSantiago
cepal.sdg9
cepal.topicEngECONOMIC GROWTH
cepal.topicEngINDUSTRIAL DEVELOPMENT
cepal.topicEngINFLATION
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaDESARROLLO INDUSTRIAL
cepal.topicSpaINFLACIÓN
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngPRODUCTION, PRODUCTIVITY AND MANAGEMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaDESARROLLO PRODUCTIVO Y EMPRESARIAL
dc.contributor.authorCalderón Villarreal, Cuauhtémoc
dc.contributor.authorCuevas, Víctor M.
dc.coverage.spatialEngMEXICO
dc.coverage.spatialSpaMEXICO
dc.date.accessioned2020-04-17T15:23:13Z
dc.date.available2020-04-17T15:23:13Z
dc.date.issued2019-12-19
dc.description.abstractThis paper employs a vector error correction methodology to investigate the long-term determinants of consumer goods inflation and industrial growth in Mexico during the 2001–2016 period. This is underpinned by a aggregate demand-aggregate supply model that brings new explanatory variables into play and keeps a priori restrictions on the data to a minimum. The evidence shows that cost-push and demand-pull inflation are both present and reveals the variables at work in each case. This study fills a gap in the empirical literature by showing that labour productivity not only spurs industrial growth, but also lowers consumer goods inflation in the long run. The policy implication of this finding is important given the need to attain faster economic growth without sacrificing price stability.
dc.formatTexto
dc.format.extentpáginas. 175-19
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/PUB.2019/26-P
dc.identifier.urihttps://hdl.handle.net/11362/45414
dc.language.isoeng
dc.physicalDescriptionp. 175-196; grafs., tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo129
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordCrecimiento industrial y aumento de los precios de los bienes de consumo en México: un análisis econométrico
dc.relation.translationUrihttps://hdl.handle.net/11362/45012
dc.rights.coarDisponible
dc.subject.unbisEngINDUSTRIAL PRODUCTION
dc.subject.unbisEngINFLATION
dc.subject.unbisEngCONSUMER GOODS
dc.subject.unbisEngECONOMIC ANALYSIS
dc.subject.unbisEngECONOMETRIC MODELS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisSpaPRODUCCION INDUSTRIAL
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaBIENES DE CONSUMO
dc.subject.unbisSpaANALISIS ECONOMICO
dc.subject.unbisSpaMODELOS ECONOMETRICOS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.titleIndustrial growth and consumer goods inflation in Mexico: an econometric analysis
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublicationac050530-b945-4411-bc40-b880ee7d26e8
relation.isAuthorOfPublication82c9166b-da10-470c-b89f-b7dd09345922
relation.isAuthorOfPublication.latestForDiscoveryac050530-b945-4411-bc40-b880ee7d26e8
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