墨西哥工业增长与消费品通胀:计量经济学分析

IF 0.3 4区 经济学 Q4 ECONOMICS
Cepal Review Pub Date : 2020-05-20 DOI:10.18356/c613c848-en
V. Cuevas, C. Villarreal
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引用次数: 0

摘要

本文采用向量误差校正方法研究了2001-2006年墨西哥消费品通胀和工业增长的长期决定因素。这是由总需求-总供应模型支撑的,该模型引入了新的解释变量,并将对数据的先验限制降至最低。证据表明,成本推动和需求拉动通胀都存在,并揭示了每种情况下的变量。这项研究填补了实证文献中的空白,表明从长远来看,劳动生产率不仅能刺激工业增长,还能降低消费品通胀。鉴于需要在不牺牲价格稳定的情况下实现更快的经济增长,这一发现的政策含义很重要。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Industrial growth and consumer goods inflation in Mexico: An econometric analysis
This 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.
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来源期刊
Cepal Review
Cepal Review ECONOMICS-
CiteScore
0.50
自引率
0.00%
发文量
23
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