Análisis histórico de la relación macroeconomía-petróleo en México: 1970-2006

Alejandro Villagomez and Alejandro Castañeda

No DTE 375, Working Papers from CIDE, División de Economía

Abstract: This work performs a revision and an analysis about the macroeconomic impact of petroleum exploitation and exports in our country during the past thirty years. In this context; this study points out that the new transmission channels of the macroeconomic effect of petroleum are the public finances and the public deficit; with grater precision, the financial requirements of the public sector. The seriousness of this impact depends on the response of the fiscal and monetary policy that the authorities adopt.

Keywords: macroeconomic impact; petroleum exploitation; exports (search for similar items in EconPapers)
JEL-codes: D53 O13 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2006-11
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