Abstract
This research aims to analyze the contribution of creative intangible capital to Mexican economic growth between 1991 and 2021. The study utilizes the growth accounting methodology, specifically the Corrado-Hulten-Sichel approach (CHS, 2005), which incorporates intangible capital. The research provides estimations for investment flows and capital stocks at the national and sector industry levels, focusing on the creative and cultural industries (CCIs) that produce intangibles. The main empirical finding indicates that intangible capital in Mexico contributes to growth at a similar magnitude as labor. The inclusion of intangible capital in Mexican growth accounting appears to have a positive impact on Total Factor Productivity (PTF). Notably, CCIs capital contribution represents approximately 75% of the total intangible capital contribution, highlighting its significant role as a driver of economic growth.
© 2018, Facultad de Contaduría y Administración, Universidad Nacional Autónoma de México. All rights reserved. Publication of the article implies full assignment of property rights (copyright) in Journal of Contaduría y Administración. The publication mreserves the right to total or partial reproduction of the work in other print, electronic or any other alternative means, but always recognizing its responsibility.
License for Published Content
Unless otherwise stated, all contents of the electronic edition of the journal are distributed under a license and distribution "Creative Commons Attribution-Noncommercial 4.0 International" (CC-by). You can see from here the version of the license information. This circumstance must be expressly stated in this way when necessary.
Metadata License
The metadata of papers published by Contaduría y Administración are in the public domain, through the publisher's waiver of all rights to the work under copyright law worldwide, including all rights and related rights, to the extent permitted by law. You may copy, modify, and distribute the metadata, even for commercial purposes, without requesting permission.
