The importance of energy for economic growth in Mexico

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Published: May 17, 2017
DOI: https://doi.org/10.21933/J.EDSC.2014.05.095

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Flory A. Dieck Assad
Tec de Monterrey, campus Monterrey
Ernesto Peralta Solorio
Tec de Monterrey, campus Monterrey

Abstract

The present research analyzes the macroeconomic productivity of labor and capital in Mexico from 1993 to 2013. The objective is to identify the variables that can influence their behavior with a special emphasis in energy. This is done through an aggregated production function which successfully identifies the influence of capital, remunerated labor, technological change and energy on the real aggregated productivity of labor, capital and Gross Domestic Product (GDP) potential growth. The energy prices direct impact in the use of energy is identified, as well as their indirect impact in productivity and economic growth. The results of this research introduce the reader to the analysis of the 2014 Energy Reform with an emphasis in its future challenges.

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How to Cite
Dieck Assad, F. A., & Peralta Solorio, E. (2017). The importance of energy for economic growth in Mexico. Entreciencias: Diálogos En La Sociedad Del Conocimiento, 2(5). https://doi.org/10.21933/J.EDSC.2014.05.095
Author Biographies

Flory A. Dieck Assad, Tec de Monterrey, campus Monterrey

Profesora-investigadora titular del Tec de Monterrey campus Monterrey. Líneas de investigación: Finanzas y Energía. Miembro del Sistema Nacional de Investigadores, nivel I.

Ernesto Peralta Solorio, Tec de Monterrey, campus Monterrey

Profesor-investigador titular del Tec de Monterrey, campus Monterrey. Línea de investigación: Economía y Energía. Miembro del Sistema Nacional de Investigadores, nivel I.

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