When an economy grows around 2% for decades, is it a structural problem?
Production functions
DOI:
https://doi.org/10.14738/abr.812.9535Keywords:
Production functions; economics activities parameters; accounting multipliers.Abstract
Mexico for decades has grown around 2% annually, increasing informal employment and poverty. Neoliberalism brought benefits to certain sectors of society but widened the wage gap between households. In recent years, the structural reforms proposed by the government to lift Mexico from its economic slumber have caused controversy. Twenty years ago it was believed that NAFTA would activate the economy and improve the standard of living of all Mexicans, but it did not. Applying optimization techniques in the production functions under scenarios, this work shows the structure of the economy and its impacts on households, mainly. A look at what has been happening.
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https://www.inegi.org.mx/rnm/index.php/catalog/547#:~:text=Los%20Censos%20Econ%C3%B3micos%202019%20son,y%20prestadores%20de%20servicios%2C%20para
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[16] Treuke S., A reproduҫão das desigualdades socioeconômicas na vizinhanҫa: examinando a dimensão espacial da pobreza, Rev. Colomb. Soc., 41(2), 169-187, 2008. DOI: 10.15446/rcs.v41n2.63504.
[17] Acosta-Díaz F., From PRONASOL to Oportunidades: Social policy and enduring poverty in Mexico, Barataria. Revista Castellano-Manchega de Ciencias Sociales, No. 11, pp. 231-246, 2010. ISSN: 1575-0825.
[18] Czarnecki L., The CONEVAL. The institutionalization of the official concept of poverty in Mexico, Barataria. Revista Castellano-Manchega de Ciencias Sociales, No. 16, pp. 177-190, 2013. ISSN: 1575-0825, e-ISSN: 2172-3184.
[19] Castillo D, Martínez-Escamilla R., González-Pacheco C., Torres-Torres J., Delgadillo-Macías J., González-Marín ML. et al., El TLC México-EstadosUnidos-Canadá y su repercusión en sectores productivos mexicanos, Revista Latinoamericana de Economía, Problemas del Desarrollo, Vol. XXII(86), pp. 179-207. 1991. ISSN: 2007-8951. https://www.probdes.iiec.unam.mx/index.php/pde/issue/view/2801
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34586/31518
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34574/31506
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34577/31509
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34579/31511
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34578/31510
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34576/31508
https://www.probdes.iiec.unam.mx/index.php/pde/article/view/34577/31509
[20] CEPAL, El tratado de libre comercio de norteamérica y el desempeño de la economía en méxico. UN, LC/MEX/L.431, june 14, 2000. https://repositorio.cepal.org/bitstream/handle/11362/25453/1/LCmexL431_es.pdf
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Published
2021-01-15
How to Cite
Ledesma, D., Hernández, L., & Muciño, T. (2021). When an economy grows around 2% for decades, is it a structural problem? Production functions. Archives of Business Research, 8(12), 203–217. https://doi.org/10.14738/abr.812.9535
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