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Sectoral fluctuations in Mexico and the 1993 recession

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The sectoral fluctuations that occurred during Mexico's 1993 recession are studied. The 1993 recession differed from other recessions in that it was preceded by a period of low inflation and positive government surplus. Our empirical analysis suggests that slowdowns in natural resource intensive sectors were partially responsible for the 1993 recession in Mexico.
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Document Type: Research Article

Publication date: 1998-02-01

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