Identification of Key Productive Sectors in the Mexican Economy

This article focuses on identifying what are the key sectors with high potential for drag induced investment in the Mexican economy, also characterizes the sectors according to their hierarchy, impact and degree of articulation. To achieve this the input-output matrix national 2003 was used (disaggr...

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Main Authors: David REVILLA, Adelaido GARCÍA-ÁNDRES, Isaac SÁNCHEZ-JUÁREZ
Format: Article
Language:English
Published: Sprint Investify 2015-03-01
Series:Expert Journal of Economics
Subjects:
Online Access:http://economics.expertjournals.com/wp-content/uploads/EJE_305revilla22-39.pdf
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author David REVILLA
Adelaido GARCÍA-ÁNDRES
Isaac SÁNCHEZ-JUÁREZ
author_facet David REVILLA
Adelaido GARCÍA-ÁNDRES
Isaac SÁNCHEZ-JUÁREZ
author_sort David REVILLA
collection DOAJ
description This article focuses on identifying what are the key sectors with high potential for drag induced investment in the Mexican economy, also characterizes the sectors according to their hierarchy, impact and degree of articulation. To achieve this the input-output matrix national 2003 was used (disaggregated into 20 sectors and 79 sub-sectors), provided by the official government agency responsible for generating statistical information, which applied the traditional method of calculation of multipliers which takes into account both relations hierarchical such as circular between the productive sectors of Rasmussen (1956). The originality of the work lies in the application of the social networks theory to determine (García, Morillas and Ramos 2005, 2008): a) total effects, b) immediate effects, and c) mediative effects of sectors and thus have a full diagnosis of key sectors of the economy under study. In general, the findings indicate that for the promotion of growth and productive development, efforts should focus on manufacturing industries, which means to apply an active industrial policy.
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spelling doaj.art-84d437deca914d07b8c7ce1f72ecf21e2022-12-22T02:44:46ZengSprint InvestifyExpert Journal of Economics2359-77042015-03-01312239Identification of Key Productive Sectors in the Mexican EconomyDavid REVILLA0Adelaido GARCÍA-ÁNDRES1Isaac SÁNCHEZ-JUÁREZ2Instituto Nacional de Estadística y Geografía, Oaxaca, MéxicoUniversidad Autónoma de Nuevo León, Monterrey, MéxicoUniversidad Autónoma de Ciudad Juárez, Chihuahua, MéxicoThis article focuses on identifying what are the key sectors with high potential for drag induced investment in the Mexican economy, also characterizes the sectors according to their hierarchy, impact and degree of articulation. To achieve this the input-output matrix national 2003 was used (disaggregated into 20 sectors and 79 sub-sectors), provided by the official government agency responsible for generating statistical information, which applied the traditional method of calculation of multipliers which takes into account both relations hierarchical such as circular between the productive sectors of Rasmussen (1956). The originality of the work lies in the application of the social networks theory to determine (García, Morillas and Ramos 2005, 2008): a) total effects, b) immediate effects, and c) mediative effects of sectors and thus have a full diagnosis of key sectors of the economy under study. In general, the findings indicate that for the promotion of growth and productive development, efforts should focus on manufacturing industries, which means to apply an active industrial policy.http://economics.expertjournals.com/wp-content/uploads/EJE_305revilla22-39.pdfinput-output analysissocial network theoryinter-sectorial relationskey sectorsMexicodevelopmenteconomic growth
spellingShingle David REVILLA
Adelaido GARCÍA-ÁNDRES
Isaac SÁNCHEZ-JUÁREZ
Identification of Key Productive Sectors in the Mexican Economy
Expert Journal of Economics
input-output analysis
social network theory
inter-sectorial relations
key sectors
Mexico
development
economic growth
title Identification of Key Productive Sectors in the Mexican Economy
title_full Identification of Key Productive Sectors in the Mexican Economy
title_fullStr Identification of Key Productive Sectors in the Mexican Economy
title_full_unstemmed Identification of Key Productive Sectors in the Mexican Economy
title_short Identification of Key Productive Sectors in the Mexican Economy
title_sort identification of key productive sectors in the mexican economy
topic input-output analysis
social network theory
inter-sectorial relations
key sectors
Mexico
development
economic growth
url http://economics.expertjournals.com/wp-content/uploads/EJE_305revilla22-39.pdf
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