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Contribution of the Information and Communication Technology sector to Mexican economic growth from 1999 to 2004

Author

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  • Carlos Guerrero de Lizardi

    (Tecnologico de Monterrey, Campus Ciudad de Mexico)

Abstract

We conducted a growth accounting exercise where we distinguish information and communication technology (ICT) capital and the rest of physical capital from 1999 to 2004. Implicit deflators and factor shares were used from different sources. Following the example of the Australian Bureau of Statistics, price indexes from the US ICT's sector were suitably translated to the Mexican ICT sector. Although ICT capital grew in an accelerating manner during the analyzed period, its contribution to economic growth was limited. In this sense, the new economy has not yet taken hold in Mexico.

Suggested Citation

  • Carlos Guerrero de Lizardi, 2009. "Contribution of the Information and Communication Technology sector to Mexican economic growth from 1999 to 2004," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 6(1), pages 11-30, Julio - D.
    • Handle: RePEc:qua:journl:v:6:y:2009:i:1:p:11-30
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    References listed on IDEAS

    as
    1. Mr. Ebrima A Faal, 2005. "GDP Growth, Potential Output, and Output Gaps in Mexico," IMF Working Papers 2005/093, International Monetary Fund.
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    More about this item

    Keywords

    ICT sector; economic growth; hedonic methodology.;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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