<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-8402</journal-id>
<journal-title><![CDATA[Ensayos. Revista de economía]]></journal-title>
<abbrev-journal-title><![CDATA[Ens. Rev. econ.]]></abbrev-journal-title>
<issn>2448-8402</issn>
<publisher>
<publisher-name><![CDATA[Universidad Autónoma de Nuevo León, a través de la Facultad de Economía con la colaboración del Centro de Investigaciones Económicas]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-84022016000100039</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Crecimiento económico en México: restricción por la balanza de pagos]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Morones Carrillo]]></surname>
<given-names><![CDATA[Ana Lourdes]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Tijuana  ]]></institution>
<addr-line><![CDATA[Tijuana Baja California]]></addr-line>
<country>México</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>05</month>
<year>2016</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>05</month>
<year>2016</year>
</pub-date>
<volume>35</volume>
<numero>1</numero>
<fpage>39</fpage>
<lpage>58</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-84022016000100039&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-84022016000100039&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-84022016000100039&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El presente documento analiza el cumplimiento de la Ley de Thirlwall para México en el periodo 1993-2014. Se incluyen pruebas de raíz unitaria y cointegración que incorporan choques estructurales endógenos. El vector de cointegración en el contexto teórico sugiere una restricción al crecimiento de México por la balanza de pagos. La tasa de crecimiento del país en el periodo es mayor a la consistente con el equilibrio de balanza de pagos, lo que implica déficit comercial. Los resultados sugieren un cambio estructural de tal forma que se desincentiven las importaciones y se agregue mayor valor a las exportaciones.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The paper analyzes the Thirlwall&#8217;s Law for Mexico during 1993-2014. It includes unit roots and cointegration tests that incorporate endogenous structural breaks. The cointegration vector in the theoretical context suggests growth is constrained by the balance of payments in Mexico. The economic growth rate for the period is greater than the balance of payments equilibrium growth rate, what implied trade deficit. The results suggest a structural change to iscourage imports and add value to exports.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[Exportaciones]]></kwd>
<kwd lng="es"><![CDATA[Ley de Thirlwal]]></kwd>
<kwd lng="es"><![CDATA[México]]></kwd>
<kwd lng="es"><![CDATA[Cointegración]]></kwd>
<kwd lng="en"><![CDATA[Economic growth]]></kwd>
<kwd lng="en"><![CDATA[Exports]]></kwd>
<kwd lng="en"><![CDATA[Thirwall&#8217;s Law]]></kwd>
<kwd lng="en"><![CDATA[Mexico]]></kwd>
<kwd lng="en"><![CDATA[Cointegation]]></kwd>
</kwd-group>
</article-meta>
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