Abstract

GOMEZ AGUIRRE, Mario  and  RODRIGUEZ CHAVEZ, José Carlos. The Harrod-Balassa-Samuelson effect: The case of Mexico. Contad. Adm [online]. 2013, vol.58, n.3, pp.121-147. ISSN 0186-1042.

This paper discusses the Harrod-Balassa-Samuelson (HBS) effect in Mexico during the period 1970-2009. In so doing, we use an econometric model that incorporates structural changes. The results achieved in this research suggest that the HBS effect does not hold in the case of Mexico and the United States during this period, and thus it was not statistically corroborated that the different rates of productivity growth in the tradable and non tradable goods between these countries affected the real exchange rate.

Keywords : productivity; HBS effect; structural change; tradable and non tradable goods.

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