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Determinants of the Economic Growth in Mexico: An Exogenous Growth Model
Jönköping University, Jönköping International Business School, JIBS, Economics.
2008 (English)Independent thesis Basic level (degree of Bachelor), 15 credits / 22,5 HE creditsStudent thesis
Abstract [en]

 

 

This bachelor thesis aims to uncover the determinants of the economic growth in Mexico with an exogenous growth model. The study is based in an Augmented Solow Model em-ployed by Mankiw, Romer and Weil in

"A contribution to the Empirics of the Economic Growth" (1992). The model uses annual data of Mexico from 1960-2007 and the regressions and tests are developed in the econometric package Stata 10 for eight different periods. The thesis not only uses the Effective Labour and Physical Capital as Inputs in the production Function, but also employs the variable of Human Capital as an economic determinant of growth in the production function. The results of the model correspond with the actual scenario in Mexico; more weight to the Effective Labour (76.34%) rather than to Human Capital (2.12%) or Physical Capital (21.54%) as determinants of growth.

 

 

Place, publisher, year, edition, pages
2008. , 34 p.
Keyword [en]
Exogenous Growth, Augmented Solow Model, Human Capital, Physical Capital, Effective Labour, Mexico
National Category
Economics Economics
Identifiers
URN: urn:nbn:se:hj:diva-7369OAI: oai:DiVA.org:hj-7369DiVA: diva2:133667
Presentation
(English)
Uppsok
fysik/kemi/matematik
Supervisors
Examiners
Available from: 2009-03-04 Created: 2009-01-13 Last updated: 2009-03-04Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
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More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
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  • nn-NB
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  • Other locale
More languages
Output format
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