How Brazil’s, Mexico’s and Argentina’s economies coped with the Covid-19 pandemic

Pierre Rostan, Alexandra Rostan
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Abstract

This paper assesses how Brazil’s, Mexico’s and Argentina’s economies coped with the Covid-19 pandemic by generating two series of Q3 2022 to Q4 2050 Real GDP growth rate forecasts with wavelet analysis: 1) using data including the pandemic from Q4 1995 to Q1 2022 for Brazil, from Q4 1995 to Q2 2022 for Mexico and from Q1 2004 to Q1 2022 for Argentina) and 2) using data not including the pandemic from Q4 1995 to Q3 2019 for Brazil, from Q4 1995 to Q3 2019 for Mexico, from Q1 2004 to Q3 2019 for Argentina. The difference in forecast averages is an indicator of the resilience of the economy during the pandemic, the greater the difference, the better the resilience. Argentina’s economy shows a better resilience (+3.24%) than Mexico (+2.18%) and Brazil’s (-2.25%). 
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巴西、墨西哥和阿根廷经济如何应对 Covid-19 大流行病
本文通过小波分析生成 2022 年第三季度至 2050 年第四季度两个系列的实际 GDP 增长率预测,评估巴西、墨西哥和阿根廷经济如何应对 Covid-19 大流行病:1) 巴西使用 1995 年第 4 季度至 2022 年第 1 季度的包括大流行病的数据,墨西哥使用 1995 年第 4 季度至 2022 年第 2 季度的数据,阿根廷使用 2004 年第 1 季度至 2022 年第 1 季度的数据;2) 巴西使用 1995 年第 4 季度至 2019 年第 3 季度的不包括大流行病的数据,墨西哥使用 1995 年第 4 季度至 2019 年第 3 季度的数据,阿根廷使用 2004 年第 1 季度至 2019 年第 3 季度的数据。预测平均值的差异是大流行期间经济恢复能力的指标,差异越大,恢复能力越强。阿根廷经济的恢复力(+3.24%)优于墨西哥(+2.18%)和巴西(-2.25%)。
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