MARC Record from Library of Congress

LEADER: 01906cam a22002897a 4500
001 2011655815
003 DLC
005 20110401083704.0
007 cr |||||||||||
008 110331s2010 mau sb 000 0 eng
010 $a 2011655815
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aKehoe, Timothy Jerome,$d1953-
245 10 $aWhy have economic reforms in Mexico not generated growth?$h[electronic resource] /$cTimothy J. Kehoe, Kim J. Ruhl.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2010.
490 1 $aNBER working paper series ;$vworking paper 16580
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 3/31/2011.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow faster than the United States by reforming. As a country becomes richer, this sort of catch-up becomes more difficult. Absent continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP per working-age person"--National Bureau of Economic Research web site.
700 1 $aRuhl, Kim J.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 16580.
856 40 $uhttp://www.nber.org/papers/w16580