Date of Award

2014

Document Type

Thesis

Degree Name

Bachelors

Department

Social Sciences

First Advisor

Khemraj, Tarron

Keywords

China, Mexico, Economic Growth, Productivity

Area of Concentration

Economics

Abstract

Total factor productivity coupled with growth accounting analysis allows researchers to determine the contributions of different sources to economic growth. Both Mexico and China have experienced similar economic development paths and it is worth researching the extent to which these countries are similar by looking into the sources of their economic growth. Each country is analyzed twice: once in a model accounting for capital, labor, and openness; then again in an expanded model, accounting for two additional factors: financial depth and secondary school enrollment. The model results indicate that technological growth maintains a strong effect on Mexico with significance in openness, secondary school enrollment, and financial depth. None of China’s results were significant.

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