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The Transfer of Industrial Product Value to the Service Sector in Mexico's Economic Structure 2000–2018

Marco Antonio Marquez Mendoza () and García Gonzalez, Óscar Arturo ()

Revista Galega de Economía, 2025, vol. 34, issue 3, 1-22

Abstract: In Mexico, the services sector plays a prominent role in productive activity due to the effects of manufacturing production oriented toward foreign trade. The growth of services has little impact on economic growth due to its low interaction with other sectors and the lack of industry maturity. However, a concerning aspect is the increase in manufacturing production, which heavily depends on the use of imported inputs. The research applies the Input-Output model methodology and Growth Analysis using the Input-Output Tables from 2000 and 2018 published by the OECD to examine the effect of production and the use of factors in the services sector on economic growth. The study concludes that, in the short term, the growth of services is driven by the industry's impact. In contrast, in the long term, services follow a growth path heavily reliant on imported intermediate inputs, similar to industry.

Keywords: Input–Output multipliers; Contribution to economic growth; Industry; Services; Mexico (search for similar items in EconPapers)
JEL-codes: C67 L60 L80 O41 O54 (search for similar items in EconPapers)
Date: 2025
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