Crecimiento económico regional en Méxicoanálisis del proceso de convergencia en los últimos 40 años

  1. María Isabel Osorio-Caballero 1
  2. Roy Nuñez 2
  3. Andrés Artal-Tur 3
  1. 1 Universidad Nacional Autónoma de México, México
  2. 2 Universidad de las Américas Puebla, México
  3. 3 Universidad Politécnica de Cartagena, España
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Journal:
Contaduría y administración

ISSN: 0186-1042,  2448-8410

Year of publication: 2023

Volume: 68

Issue: 3

Pages: 273-291

Type: Article

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More publications in: Contaduría y administración

Abstract

After overcoming the import substitution policies of the 1970s following the change in international economic conditions, the Mexican government began a strong process of productive adjustment and restructuring based on trade liberalization and the application of the recipes of the Washington Consensus in the years 1982-1988. According to the neoclassical theory of growth, the less developed economies would tend to close the per capita income gap with the more developed ones in a process of economic convergence. This article offers a broad vision of the evolution of economic growth in the Mexican states in a context of economic convergence. Thus, the problem of state convergence in Mexico between 1980- 2018 is analyzed. For this, a panel data model is applied that includes the main variables selected by the international literature. In particular, the analysis supports the view that trade openness, institutional variables, level of education, and population variables such as fertility rate and life expectancy are key explanatory variables of differentiated growth trajectories for the states. Thus, a convergence process is observed, surely conditional to different stationary states by groups of states in the country in the past four decades.

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