Autor: Penélope Pacheco-López

Journal “Trade Liberalisation and the Trade-Off between Growth and the Balance of Payments in Latin America” (2007), co-author A.P. Thirlwall, International Review of Applied Economics, 21 (4): 469-490. [Go to IRAE]. Abstract/Resumen Abstract The broad purpose of trade liberalisation is to raise the rate of growth of countries on a sustainable basis, consistent with the…

Journal “Trade Liberalisation in Mexico: Rhetoric and Reality” (2004), co-author A.P. Thirlwall, Banca Nazionale del Lavoro Quarterly Review, 229, June: 141-167. Abstract/Resumen Abstract Trade liberalisation in Mexico started in a significant way in 1985/86, and was consolidated by the NAFTA agreement 1994. Mexico was expected to benefit in terms of increased export growth, employment, real…

Journal “Trade Liberalisation, the Propensity to Import and Growth in Latin America” (2006),co-author A.P. Thirlwall, Journal of Post Keynesian Economics, 29(1): 41-66. Abstract/Resumen Abstract This paper applies the balance of payments constrained growth model to seventeen countries of Latin America over the period 1977-2002. The crucial parameter to estimate is the income elasticity of demand…

Journal “The Impact of Trade Liberalisation on Exports, Imports, the Balance of Payments and Growth: the Case of Mexico”, (2005), Journal of Post Keynesian Economics, 27 (4): 595-619. Abstract/Resumen Abstract The aim of this paper is to disentangle the effects of trade liberalization during the mid-1980s from the liberalization involved in the North American Free…

Journal “Políticas de Empleo en Economías Semi-Industrializadas” (2002), co-author J. López, Revista de Economía Política, 22 (2): 102-118. Abstract/Resumen Abstract The main objective of this paper is to analyze economic policy options to foster economic growth and the absorption of unemployment in the short run in open semi-industrialized economies. We take into account the existence…

Journal “El Impacto de la Política Comercial en el Crecimiento Económico de México”, (2005), Economía UNAM, 4, Enero-Abril: 84-93. Abstract/Resumen Abstract The paper contrasts between the effects of the liberalisation on Mexico’s trade policy since the decade of the mid-nineteen eighty’s on the economic growth and the industrial and commercial policies recommended by international organisation…

Journal “Foreign Direct Investment, Exports and Imports in Mexico”, (2005), World Economy, 28(8): 1157-1172. Abstract/Resumen Abstract This paper analyses the liberalisation of foreign direct investment (FDI) in Mexico since the late-1980s, and its relationships with exports and imports. Such a process has eased the access of multinational corporations (MNCs) to the country, which has promoted…

Journal “Los efectos de la liberación comercial en el crecimiento económico y la balanza de pagos en América Latina” (2009), Investigación Económica, Vol. LXVIII, No. 267, Págs. 13-49. Abstract/Resumen Abstract Parametric and non-parametric techniques are used to assess whether trade liberalisation has improved or deteriorated the trade-off between the balance of payments and economic growth…