Insuficiencia dinámica, crecimiento y desempleo en México, 1974-2012

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Abstract

The paper draws from Prebisch's hyphotesis of dynamic insufficiency, Harrod's dynamic theory, Kaldor-Verdoorn law and Thirlwall's endogenous growth theory and looks at the determinants of Mexico's economic growth and unemployment rates during the period 1974-2012. Our empirical estimation shows that a low rate of capital accumulation generates insufficient absorption of labour force, low labour productivity and a slow long-run growth rate of output.

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Vargas, B. L. A., & Hernández, I. P. (2015). Insuficiencia dinámica, crecimiento y desempleo en México, 1974-2012. Investigacion Economica, 74(293), 99–130. https://doi.org/10.1016/j.inveco.2015.10.004

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