; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Catch-up Growth Followed by Stagnation: Mexico, 1950–2010"; ; "batchuser@example.com"; "Meza, Felipe", "Kehoe, Timothy Jerome, 1953-"; "Federal Reserve Bank of Minneapolis"; "Mexico", "Economic growth", "Total factor productivity"; "O11 - Macroeconomic Analyses of Economic Development", "N16 - Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Latin America; Caribbean", "O54 - Economywide Country Studies: Latin America; Caribbean"; "In 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of 1982–1995, despite major reforms, including liberalization of foreign trade and investment. Since then growth has been modest. We analyze the economic history of Mexico 1877–2010. We conclude that the growth 1950–1981 was driven by urbanization, industrialization, and education and that Mexico would have grown even more rapidly if trade and investment had been liberalized sooner. If Mexico is to resume rapid growth — so that it can approach U.S. levels of income — it needs further reforms. "^^; "2012-11-27"; "2019-06-24T18:35:04.31164426+00:00"^^; "https://doi.org/10.21034/wp.693"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Oct 23 17:47:49 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "394", "519"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "693"; "Economic growth", "Total factor productivity", "Mexico"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Latin American Journal of Economics_ (Vol. 48, No. 2, November 2011, pp. 227-268), https://doi.org/10.4067/S0719-04332011000200006."^^; ; "Publication" . ; .