Slow growth in the Mexican economy

Distribution and Gender Effects on the Path of Economic Growth: Comparative Evidence for Developed, Semi-Industrialized, and Low-Income Agricultural Economies

“…Our results indicate overall long-run wage-led growth and short-run profit-led growth following the respective signs of private excess demand ( ). 13 This finding is in line with Sánchez and Luna's (2014) results for Mexico and may also corroborate Blecker's (2016) argument that the magnitude of the impact of the wage and profits share on the components of AD may depend substantially on the time period examined, which, in turn, may explain 12 Elasticities are converted into marginal effects using:…”

Partial identification for growth regimes: The case of Latin American countries

“…(2017) evidence a profit‐led regime. This same contradiction is evident for Mexico with a wage‐led regime of Alarco Tosoni (2016) and, Sánchez and Luna (2014) and Luyano Cuevas and Herrera Revuelta (2018) find the profit‐led regime for Mexico.…”

“…(2017), Loaiza‐Quintero et al. (2017), Luyano Cuevas and Herrera Revuelta (2018), Tomio (2020), and Sánchez and Luna (2014) estimate the growth regime for specific countries such as Brazil, Colombia and Mexico.…”

“…Jiménez (2020) analyzed Central American countries using separate estimations and revealed that Costa Rica, El Salvador, Honduras, and Nicaragua have a wage-led regime, while for Panama, growth is driven by profit. de Jesus et al (2017), Loaiza-Quintero et al (2017), Luyano Cuevas and Herrera Revuelta (2018), Tomio (2020), and Sánchez and Luna (2014) estimate the growth regime for specific countries such as Brazil, Colombia and Mexico. This study also contributes with the implementation of the partial identification of the dynamic effect of orthogonal changes in the functional distribution in macroeconomic variables. Stockhammer and Onaran (2004) and Barbosa-Filho and Taylor (2006) used the aggregative approach to estimate this relationship by imposing exclusion (zero) restrictions on the entire system, but it constrains all results because the authors impose (unnecessary) restrictions that condition the response of output and others endogenous variables of SVAR model (for more details, see Kilian & Lütkepohl, 2017).…”

Unemployment and Job Creation

“…Z různých úhlů pohledu zdůrazňuje relevantnost agregátní poptávky při vytváření nových volných pracovních míst celá řada teoretických i empirických studií (Benigno, Fornaro, 2018;Cynamon, Fazzari, 2015;Čížek, 2017;Eriksson, Stadin, 2017;Farmer, 2008Farmer, , 2012Guerrazzi, Gelain, 2015;Heathcote, Perri, 2018;Mian, Sufi , 2011;Murphy, 2017;Naastepad, Storm, 2006;Vargas, Luna, 2014). Ball (1999) empiricky analyzoval země ve skupině G7 v období 1979Q1-1984Q4 a dochází k závěru, že monetární politika a další determinanty agregátní poptávky po fi nálních statcích mají silný efekt v krátkodobém i dlouhodobém vývoji nezaměstnanosti.…”