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Made in Mexico : energy reform and manufacturing growth /

This paper assesses the real effects of the energy reform in Mexico by looking at its impact on manufacturing output through changes in energy prices. Using sub-sector and state-level manufacturing output data, along with past variation in energy prices, we find electricity prices--relative to oil a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Alvarez, Jorge (Autor), Valencia, Fabian (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2015.
Colección:IMF working paper ; WP/15/45.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Abstract; Contents; I. Introduction; II. The Mexican Manufacturing and Energy Sectors, and The Energy Reform; A. The components of manufacturing growth; B. The role of energy as an input in production and the structure of the energy sector; C. The Mexican energy reform and energy prices; III. Energy Prices and Manufacturing Output; A. Data description; B. Estimation of energy price elasticities; C. Quantitative importance; IV. Energy Prices in a Panel VAR Framework; V. Conclusion; References.