Kehoe, Timothy; Meza, Felipe - In: Latin American Journal of Economics-formerly Cuadernos … 48 (2011) 2, pp. 227-268
In 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of … modest. We analyze the economic history of Mexico 1877-2010. We conclude that the growth 1950-1981 was driven by urbanization …, industrialization, and education and that Mexico would have grown even more rapidly if trade and investment had been liberalized sooner …