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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. Carlos Guerrero de Lizardi, 2008. "Sesgo de medición del PIB derivado de los cambios en la calidad del sector TI: México 2000-2004," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 23(2), pages 253-280.
    2. David Wasshausen & Brent R. Moulton, 2006. "The Role of Hedonic Methods in Measuring Real GDP in the United States," BEA Papers 0067, Bureau of Economic Analysis.
    3. Guerrero de Lizardi, Carlos, 2009. "Istmo Centroamericano y República Dominicana: análisis del desempeño de las productividades individuales y total de los factores," Sede Subregional de la CEPAL en México (Estudios e Investigaciones) 25880, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Carlos Guerrero de Lizardi, 2006. "Una aproximación al sesgo de medición del precio de las computadoras personales en México," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(1), pages 97-124, January-J.
    5. Mr. Ebrima A Faal, 2005. "GDP Growth, Potential Output, and Output Gaps in Mexico," IMF Working Papers 2005/093, International Monetary Fund.
    6. Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1.
    7. Hofman, André A., 2001. "Long run economic development in Latin America in a comparative perspective: proximate and ultimate causes," Macroeconomía del Desarrollo 5460, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Stephen D. Oliner & Daniel E. Sichel, 1994. "Computers and Output Growth Revisited: How Big Is the Puzzle?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(2), pages 273-334.
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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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