Structural Origins of Mexican Inflation: 1951-1980
Abstract
After a period of over 15 years of relative price stability, the general
price level began to rise rapidly in Mexico during the last quarter of 1972,
reaching approximately 70 per cent by 1982. The paper addresses itself
to three main questions: (i) What role did accelerated government expenditures
play in increasing inflationary pressures? (2) To what extent was
the recent inflation Imported rather than domestically induced? (3) Did
the underlying mechanism of inflation change during this period so that
the inflation experience in the mid- to late 1970s became fundamentally
different from that experienced in prior periods?
Description
Social, Political and Economic Studies, September 1985.
Refereed Journal Article
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.Collections
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