Mexico Enhancing Factor Productivity Growth

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Global Productivity

Author : Alistair Dieppe
Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Under-Rewarded Efforts

Author : Santiago Levy Algazi
Publisher : Inter-American Development Bank
ISBN 13 : 1597823058
Total Pages : 323 pages
Book Rating : 4.5/5 (978 download)

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Book Synopsis Under-Rewarded Efforts by : Santiago Levy Algazi

Download or read book Under-Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

Facing Up to Low Productivity Growth

Author : Adam S. Posen
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327328
Total Pages : 472 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Facing Up to Low Productivity Growth by : Adam S. Posen

Download or read book Facing Up to Low Productivity Growth written by Adam S. Posen and published by Peterson Institute for International Economics. This book was released on 2019-02-01 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown and possible remedies for some years. Unaddressed in this discussion is what happens if the slowdown is not reversed. In this volume, a dozen renowned scholars analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, inequality, and, ultimately, politics in the advanced industrial world. They conclude that slow productivity growth could lead to unpredictable and possibly dangerous new problems, aggravating inequality and increasing concentration of market power. Facing Up to Low Productivity Growth also proposes ways that countries can cope with these consequences.

Multifactor Productivity Trends

Author :
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Multifactor Productivity Trends by :

Download or read book Multifactor Productivity Trends written by and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mexico

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451825587
Total Pages : 74 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Mexico by : International Monetary Fund

Download or read book Mexico written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-10-30 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2002 Article IV Consultation highlights that the economic slowdown in the United States triggered a sharp weakening in Mexican economic activity in 2001 from the rapid pace in the preceding year. There was also a marked deceleration in domestic demand growth, as disposable income was adversely affected by a contraction in employment and confidence sagged. Economic activity rebounded strongly in the second quarter of 2002, as exports were supported by stronger demand from the United States and final domestic demand grew sharply.

Productivity Revisited

Author : Ana Paula Cusolito
Publisher : World Bank Publications
ISBN 13 : 1464813620
Total Pages : 352 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Productivity Revisited by : Ana Paula Cusolito

Download or read book Productivity Revisited written by Ana Paula Cusolito and published by World Bank Publications. This book was released on 2018-12-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity has again moved to center stage in two critical academic and policy debates: the slowing of global growth amid spectacular technological advances, and developing countries’ frustratingly slow progress in catching up to the technological frontier. Productivity Revisited brings together the new conceptual advances of 'second-wave' productivity analysis that have revolutionized the study of productivity, calling much previous analysis into question while providing a new set of tools for approaching these debates. The book extends this analysis and, using unique data sets from multiple developing countries, grounds it in the developing-country context. It calls for rebalancing away from an exclusive focus on misallocation toward a greater focus on upgrading firms and facilitating the emergence of productive new establishments. Such an approach requires a supportive environment and various types of human capital--managerial, technical, and actuarial--necessary to cultivate new transformational firms. The book is the second volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.

Development and Growth in the Mexican Economy

Author : Juan Carlos Moreno-Brid
Publisher : Oxford University Press
ISBN 13 : 0199707855
Total Pages : 325 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis Development and Growth in the Mexican Economy by : Juan Carlos Moreno-Brid

Download or read book Development and Growth in the Mexican Economy written by Juan Carlos Moreno-Brid and published by Oxford University Press. This book was released on 2009-04-23 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive and systematic English-language treatment of Mexico's economic history to appear in nearly forty years. Drawing on several years of in-depth research, Juan Carlos Moreno-Brid and Jaime Ros, two of the foremost experts on the Mexican economy, examine Mexico's current development policies and problems from a historical perspective. They review long-term trends in the Mexican economy and analyze past episodes of radical shifts in development strategy and in the role of markets and the state. This book provides an overview of Mexico's economic development since Independence that compares the successive periods of stagnation and growth that alternately have characterized Mexico's economic history. It gives special attention to developments since 1940, and it presents a re-evaluation of Mexico's development policies during the State-led industrialization period from 1940 to 1982 as well as during the more recent market reform process. This reevaluation is critical of the dominant trend in economic literature and is revisionist in arguing that, in particular, the market reforms undertaken by successive Mexican governments since 1983 have not addressed the fundamental obstacles to economic growth. Development and Growth in the Mexican Economy also details the country's pioneering role in launching NAFTA, its membership in the OECD, and its radical macroeconomic reforms. Carefully argued and meticulously researched, the book presents a wide-ranging, authoritative study that not only pinpoints problems, but also suggests solutions for removing obstacles to economic stability and pointing the Mexican economy toward the road to recovery.

Mexico's Transition to a Knowledge-based Economy

Author : Yevgeny N. Kuznetsov
Publisher : World Bank Publications
ISBN 13 : 0821369229
Total Pages : 186 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Mexico's Transition to a Knowledge-based Economy by : Yevgeny N. Kuznetsov

Download or read book Mexico's Transition to a Knowledge-based Economy written by Yevgeny N. Kuznetsov and published by World Bank Publications. This book was released on 2008-01-01 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge and its application are now widely recognized to be key sources of growth in the global economy. Putting knowledge to work allows countries to improve everyday life for their people, opening up new possibilities for small and medium-size enterprises and other less-developed economic groups. This volume examines the challenges and opportunties for Mexicos knowledge-based economy, offering strategies for making major improvements in the countrys capacity to generate knowledge and transform it into wealth.

Productivity Convergence

Author : Edward N. Wolff
Publisher : Cambridge University Press
ISBN 13 : 1107651212
Total Pages : 537 pages
Book Rating : 4.1/5 (76 download)

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Book Synopsis Productivity Convergence by : Edward N. Wolff

Download or read book Productivity Convergence written by Edward N. Wolff and published by Cambridge University Press. This book was released on 2013-12-16 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been used in modern growth theory as well as methodological issues in productivity measurement. The second part examines the long-term record on productivity among Organization for Economic Co-operation and Development (OECD) countries, considers the sources of growth among them with particular attention to the role of education, investigates convergence at the industry level among them, and examines the productivity slowdown of the 1970s. The third part looks at the sources of growth among non-OECD countries. Each chapter emphasizes the factors that appear to be most important in explaining growth performance.

China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach

Author : Min Zhu
Publisher : International Monetary Fund
ISBN 13 : 1513515357
Total Pages : 46 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach by : Min Zhu

Download or read book China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach written by Min Zhu and published by International Monetary Fund. This book was released on 2019-11-27 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.

The Future of Productivity

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264248536
Total Pages : 123 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis The Future of Productivity by : OECD

Download or read book The Future of Productivity written by OECD and published by OECD Publishing. This book was released on 2015-12-11 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Polarizing Mexico

Author : Enrique Dussel Peters
Publisher : Lynne Rienner Publishers
ISBN 13 : 9781555878610
Total Pages : 272 pages
Book Rating : 4.8/5 (786 download)

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Book Synopsis Polarizing Mexico by : Enrique Dussel Peters

Download or read book Polarizing Mexico written by Enrique Dussel Peters and published by Lynne Rienner Publishers. This book was released on 2000 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author argues that liberalization strategy in Mexico has been successful in the short-term, but in looking at issues of employment, income distribution, foreign trade and industrial specialization, it has created a polarization of economy and society resulting in unsustainable conditions.

Mexico

Author : Gladys Lopez Acevedo
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4./5 ( download)

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Book Synopsis Mexico by : Gladys Lopez Acevedo

Download or read book Mexico written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on 2005 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors follow the Hellerstein, Neumark, and Troske (1999) framework to estimate marginal productivity differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity-based determinations of wages. Special emphasis is given to the effects of human capital variables, such as education, experience, and training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers earn less than their productivity differentials would predict. On average, highly educated workers are unable to fully appropriate their productivity gains of education through wages. On the other hand, workers with more experience are more productive in the same proportion that they earn more in medium and large firms, meaning they are fully compensated for their higher productivity. Finally, workers in micro and small firms are paid more than what their productivity would merit. Training benefits firms and employees since it significantly increases workers' productivity and their earnings.

Regional integration and productivity : the experiences of Brazil and Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 14)

Author : Mauricio Mesquita Moreira
Publisher : BID-INTAL
ISBN 13 : 9507381546
Total Pages : 59 pages
Book Rating : 4.5/5 (73 download)

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Book Synopsis Regional integration and productivity : the experiences of Brazil and Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 14) by : Mauricio Mesquita Moreira

Download or read book Regional integration and productivity : the experiences of Brazil and Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 14) written by Mauricio Mesquita Moreira and published by BID-INTAL. This book was released on 2015 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the impact of integration on productivity? What are the main channels? Is there anything specific about productivity effects in regional agreements? This paper tries to answer these questions by looking at the experience of Brazil and Mexico. We estimate firm-level productivity and test its causal links with trade and FDI variables. The results suggest strong trade related gains, with import discipline emerging as the dominant effect. The results on learning-by-exporting were mixed, with gains restricted to Brazil's regional and worldwide exports. On FDI, foreign firms appear to have had a positive impact on their buyers and suppliers in Mexico, but in Brazil, the overall impact was statistically insignificant on productivity levels and negative on productivity growth.

Firm Innovation and Productivity in Latin America and the Caribbean

Author : Inter-American Development Bank
Publisher : Springer
ISBN 13 : 1349581518
Total Pages : 366 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis Firm Innovation and Productivity in Latin America and the Caribbean by : Inter-American Development Bank

Download or read book Firm Innovation and Productivity in Latin America and the Caribbean written by Inter-American Development Bank and published by Springer. This book was released on 2016-07-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Mexican Economy After the Global Financial Crisis

Author : M. Angeles Villareal
Publisher : DIANE Publishing
ISBN 13 : 1437941109
Total Pages : 24 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Mexican Economy After the Global Financial Crisis by : M. Angeles Villareal

Download or read book Mexican Economy After the Global Financial Crisis written by M. Angeles Villareal and published by DIANE Publishing. This book was released on 2011 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Mexico and the U.S. have strong economic, political, and social ties, which have direct policy implications related to bilateral trade, economic competitiveness, migration, and border security. The global financial crisis that began in 2008 and the U.S. economic downturn had strong adverse effects on the Mexican economy. Contents of this report: (1) Intro.; (2) Overview of Mexico¿s Economy: Current Conditions; Ties to the U.S. Economy; Past Economic Policies and Reforms; Effects of the Global Financial Crisis; (3) Effect on Mexico¿s GDP Growth; Exports; Employment; Mfg.; Energy Sector; Foreign Direct Investment Declines; Fall in Remittances; (4) Structural and Other Economic Challenges; (5) Implications for the U.S. Illus.

Economic Growth in Latin America and the Caribbean

Author : Norman Loayza
Publisher : World Bank Publications
ISBN 13 : 0821360914
Total Pages : 169 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Economic Growth in Latin America and the Caribbean by : Norman Loayza

Download or read book Economic Growth in Latin America and the Caribbean written by Norman Loayza and published by World Bank Publications. This book was released on 2005-01-01 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several countries in Latin America and the Caribbean are suffering severe economic downturns and the success of market-oriented reforms is being called into question. This report seeks to contribute to the debate by examining the nature of economic growth in the region. The aim is threefold: to describe the basic characteristics of growth; explain differences across countries and to forecast changes over the next decade.