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Growth and macroeconomic fluctuations: the case of Latin America
(Centro de Investigación y Docencia Ecónomicas, 2000)
Based on time-series from 1960 to 1995, we show the existence –for Latin American countries– of a short and long run negative correlation between economic growth and uncertainty. The probable cause of such relationship is ...
The impact of infrastructure on Mexican manufacturing growth
(Centro de Investigación y Docencia Ecónomicas, 2000)
This paper analyses the impact of infrastructure on the growth rate of the Mexican manufacturing sector. For such purpose, two measures of infrastructure are used: highways and electricity. Further, we also estimate the ...