<?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>2448-6655</journal-id>
<journal-title><![CDATA[Análisis económico]]></journal-title>
<abbrev-journal-title><![CDATA[Anál. econ.]]></abbrev-journal-title>
<issn>2448-6655</issn>
<publisher>
<publisher-name><![CDATA[Universidad Autónoma Metropolitana, Unidad Azcapotzalco, División de Ciencias Sociales y Humanidades]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-66552018000200029</article-id>
<article-id pub-id-type="doi">10.24275/uam/azc/dcsh/ae/2018v33n83/delarosa</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Restricción externa al crecimiento por balanza de pagos en México]]></article-title>
<article-title xml:lang="en"><![CDATA[Balance of Payments external constrained growth in Mexico]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Rosa Mendoza]]></surname>
<given-names><![CDATA[Juan Ramiro de la]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ludlow Wiechers]]></surname>
<given-names><![CDATA[Jorge]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[León León]]></surname>
<given-names><![CDATA[Josefina]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,UAM Depto. de Economía ]]></institution>
<addr-line><![CDATA[Azcapotzalco ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>08</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>08</month>
<year>2018</year>
</pub-date>
<volume>33</volume>
<numero>83</numero>
<fpage>29</fpage>
<lpage>55</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-66552018000200029&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-66552018000200029&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-66552018000200029&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo de este trabajo es hacer algunas reflexiones en torno a la cuestión de por qué la apertura comercial en México no se ha traducido en un mayor crecimiento económico. A. P. Thirlwall establece la importancia de las exportaciones manufactureras para generar un mayor crecimiento en la economía. Dada la Ley de Thirlwall, se establece una medición para verificar la contribución del empeño exportador de las manufacturas al crecimiento económico. El principal resultado es que es muy bajo el crecimiento obtenido con restricción en balanza de pagos, y oscila en promedio entre las bandas -1 y 2%. Adicionalmente, se muestra la evolución de la inversión en relación al producto interno bruto y se realiza una estimación econométrica para evaluar cómo impacta el aumento de la inversión al crecimiento económico, encontrando también que el contexto de apertura y dada la dinámica económica, no favorece el proceso de inversión.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract In this paper we made some reflections about that, despite trade liberalization in Mexico, this has not led to high economic growth. A. P. Thirlwall establishes the importance of manufactured exports to generate greater economic growth. Assuming Thirlwall&#8217;s law, we establish a measurement to verify contribution of exports to economic growth efforts. The main result is that is very low the growth obtained with restriction of balance of payments, and ranges between -1 and 2 per cent. Additionally, the evolution of investment relative to gross domestic product is displayed and is performed an econometric estimation to evaluate the impact of increased investment to economic growth, finding also that the context of openness and given the economic dynamics, does not favor the investment process.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[exportaciones manufactureras]]></kwd>
<kwd lng="es"><![CDATA[ley de Thirlwall]]></kwd>
<kwd lng="es"><![CDATA[inversión]]></kwd>
<kwd lng="en"><![CDATA[economic growth]]></kwd>
<kwd lng="en"><![CDATA[manufactured exports]]></kwd>
<kwd lng="en"><![CDATA[Thirlwall&#8217;s law]]></kwd>
<kwd lng="en"><![CDATA[investment]]></kwd>
</kwd-group>
</article-meta>
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