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- Title
El Crecimiento Económico en México Después del SARS COV-2.
- Authors
Guzmán-Soria, Eugenio; Rebollar-Rebollar, Samuel; Hernández-Martínez, Juvencio; Terrones-Cordero, Aníbal; Callejas-Juárez, Nicolás
- Abstract
A projection of the Mexican economic growth in the face of SARS COV-2 was made, using a Cobb-Douglas production function and annual information from 1980 to 2022. The results of the elasticities of labor (0.60) and capital (0.37) indicate that the Mexican economy has a very close relationship with its labor force. The Solow residual (-10.26), which explains the factors that promote the economic development of a region, derived from technical progress; Being negative indicates in part the lack of consistency in gross capital formation in Mexico, which has had an impact on the growth rate, even when the labor factor has continued to rise.
- Subjects
SARS-CoV-2; ECONOMIC forecasting; TECHNOLOGICAL progress; LABOR supply; ECONOMIC expansion
- Publication
GCG: Revista de Globalización, Competitividad & Gobernabilidad, 2024, Vol 18, Issue 1, p63
- ISSN
1988-7116
- Publication type
Article
- DOI
10.58416/GCG.2024.V18.N1.04