Price structure in Mexico: a sectoral disaggregation of impacts from the economic contraction due to COVID-19

  • Noé Aron Fuentes Flores Departamento de Estudios Económicos, El Colegio de la Frontera Norte
  • Edgar David Gaytán Alfaro Departamento de Estudios Económicos, El Colegio de la Frontera Norte https://orcid.org/0000-0003-2383-6786
  • Alejandro Brugués Rodríguez Departamento de Estudios Económicos, El Colegio de la Frontera Norte
DOI: https://doi.org/10.33937/reveco.2022.273
Keywords: COVID-19, economic impact on prices, hypothetical extraction method, Mexico.

Abstract

As a result of the health crisis caused by the COVID-19 pandemic, one of the measures taken by the Mexican federal government was the suspension of some non-essential productive activities. From it, this paper aims to offer an analysis of the affectation that this scenario has brought for the general price level, which is made by utilizing the Hypothetical Extraction Method (HEM) applied to the Input Output Matrix of Mexico updated as of 2019, which allows us to observe at a desegregated level by sectors the impact that origins the reduction of medium supplies and the a desegregated level by sectors the impact that origins the reduction of medium supplies and the intensity of the work in productive activities. The result of this study shows the deflationary effect that is observable in mayor degree in the manufacturing and real estate sectors.

Published
2022-08-25
How to Cite
Fuentes Flores, N. A., Gaytán Alfaro, E. D., & Brugués Rodríguez, A. (2022). Price structure in Mexico: a sectoral disaggregation of impacts from the economic contraction due to COVID-19. Journal of Economics, Faculty of Economics, Autonomous University of Yucatan, 39(99). https://doi.org/10.33937/reveco.2022.273
Issue
Vol 39 No 99 (2022): Segundo semestre 2022 vol. 39 núm. 99
Section
Original Articles

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