Firm and Market Size, Factor Productivity and Industrial Concentration in Mexico

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Publisher :
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (254 download)

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Book Synopsis Firm and Market Size, Factor Productivity and Industrial Concentration in Mexico by : Manuel Gollás

Download or read book Firm and Market Size, Factor Productivity and Industrial Concentration in Mexico written by Manuel Gollás and published by . This book was released on 1978 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Local Market Concentration and International Competition on Firm Productivity

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (118 download)

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Book Synopsis The Effects of Local Market Concentration and International Competition on Firm Productivity by : Carlos Rodríguez-Castelán

Download or read book The Effects of Local Market Concentration and International Competition on Firm Productivity written by Carlos Rodríguez-Castelán and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a database that is unusual by developing-country standards by means of leveraging the richness of five rounds of the Mexican Manufacturing Census between 1994 and 2014. The data allow estimation of the effects of local industry concentration on productivity. The main results show that a decline by 10 points in the Herfindahl-Hirschman index (on a 0-100 scale), a measure of market concentration, explains an increase by 1 percent in the total factor productivity of revenue. Local industry concentration also has heterogeneous effects on productivity across industries, while its impact on productivity varies by level of exposure to international markets. Results show that the effect of greater exposure to trade offsets and, in most cases, reverses the negative effects of local concentration on productivity. These results are robust to specifications based on the estimation of firm productivity using the panels of establishment data from the 2009 and 2014 rounds of the economic census, to controlling for a proxy of markups, and to using alternative indicators of local industry concentration.

Total Factor Productivity in Mexican Manufacturing

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Publisher :
ISBN 13 :
Total Pages : 202 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Total Factor Productivity in Mexican Manufacturing by : Sammy Kent Anderson

Download or read book Total Factor Productivity in Mexican Manufacturing written by Sammy Kent Anderson and published by . This book was released on 1993 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides an analysis of the effects of Mexico's industrial development policies on the structure and productivity of its manufacturing base between 1975 and 1985. Because virtually every aspect of the economy was controlled by the government during those years, its trade and development policies have been credited with creating both the greatest industrial expansion and the worst economic crisis in its history. The methodology employed to assess the structural changes in manufacturing is based on the transcendental logarithmic production function which explicitly measures the marginal productivities and elasticities of output with respect to labor, capital and material inputs. In addition, this methodology provides an empirical measure of total factor productivity (TFP), or increase in output not accounted for by increases in factor inputs. The results indicate that TFP contributed negatively to the production process, declining 1.02 percent while growth in output was in excess of 31 percent. The marginal productivity and contribution of capital declined 6.15 percent and 12.12 percent, respectively, more the result of a decline in capital return than from reduced investment. The contribution of labor declined 2.57 percent owing to a 29.75 percent reduction in real wages, as employment grew 55.96 percent. Increases in the prices of material inputs caused its share in the value of output to increase 5.56 percent while the marginal productivity grew a modest 0.12 percent. Trade orientation had no detectable effect on TFP due to relatively insignificant changes in trade performance. Exports grew in real terms but remained a small part of total output (5.3 percent in 1985). Import substitution grew 22.0 percent but imports accounted for only 7.8 percent of domestic use in 1985. Government trade and development programs were primarily responsible for the over-all decline in productivity but not for the variations in TFP among the sectors. Efforts to promote productivity though control of technology transfer, investment, ownership, and financial incentives proved ineffective against extensive protectionist measures and currency controls. These actions provided an anti-export bias and a disincentive to investment in technology.

Foreign Affairs Research Papers Available

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Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Foreign Affairs Research Papers Available by : Foreign Affairs Research Documentation Center

Download or read book Foreign Affairs Research Papers Available written by Foreign Affairs Research Documentation Center and published by . This book was released on 1978 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Perspectives on Commercializing Innovation

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Publisher : Cambridge University Press
ISBN 13 : 113950455X
Total Pages : 597 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis Perspectives on Commercializing Innovation by : F. Scott Kieff

Download or read book Perspectives on Commercializing Innovation written by F. Scott Kieff and published by Cambridge University Press. This book was released on 2011-11-21 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intellectual property is a vital part of the global economy, accounting for about half of the GDP in countries like the United States. Innovation, competition, economic growth and jobs can all be helped or hurt by different approaches to this key asset class, where seemingly slight changes in the rules of the game can have remarkable impact. This book brings together diverse perspectives from the fields of law, economics, business and political science to explore the ways varying approaches to intellectual property can positively and negatively impact our economy and society. Employing approaches that are both theoretically rigorous and grounded in the real world, Perspectives on Commercializing Innovation is well suited for practising lawyers, managers, lawmakers and analysts, as well as academics conducting research or teaching in a range of courses in law schools, business schools and economics departments, at either the undergraduate or graduate level.

Wages and Productivity in Mexican Manufacturing

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Wages and Productivity in Mexican Manufacturing by : Gladys Lopez Acevedo

Download or read book Wages and Productivity in Mexican Manufacturing written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Under-Rewarded Efforts

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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.

Economics Working Papers

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Publisher :
ISBN 13 :
Total Pages : 640 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Economics Working Papers by : John Fletcher

Download or read book Economics Working Papers written by John Fletcher and published by . This book was released on 1978 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The New Institutional Economics and Third World Development

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Publisher : Psychology Press
ISBN 13 : 9780415118231
Total Pages : 382 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis The New Institutional Economics and Third World Development by : John Harriss

Download or read book The New Institutional Economics and Third World Development written by John Harriss and published by Psychology Press. This book was released on 1995 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major contribution to an area of debate still in its formative phase. It offers new perspectives on both the micro-foundations of economics and the long run dynamics of economic development.

Latin American Macroeconomic Reforms

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Publisher : University of Chicago Press
ISBN 13 : 0226302687
Total Pages : 458 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Latin American Macroeconomic Reforms by : José Antonio González

Download or read book Latin American Macroeconomic Reforms written by José Antonio González and published by University of Chicago Press. This book was released on 2010-04-15 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hidden behind a number of economic crises in the mid- to late 1990s-including Argentina's headline-grabbing monetary and political upheaval-is that fact that Latin American economies have, generally speaking, improved dramatically in recent years. Their success has been due, in large part, to macroeconomic reforms, and this book brings together prominent economists and policymakers to assess a decade of such policy shifts, highlighting both the many success stories and the areas in which further work is needed. Contributors offer both case studies of individual countries and regional overviews, covering monetary, financial, and fiscal policy. Contributors also work to identify future concerns and erect clear signposts for future reforms. For instance, now that inflation rates have been stabilized, one suggested "second stage" monetary reform would be to focus on reducing rates from high to low single digits. Financial sector reforms, it is suggested, should center on improving regulation and supervision. And, contributors argue, since fiscal stability has already been achieved in most countries, new fiscal reforms need to concentrate on institutionalizing fiscal discipline, improving the efficiency and equity of tax collection, and modifying institutional arrangements to deal with increasingly decentralized federal systems. The analysis and commentary in this volume-authored not only by academic observers but by key Latin American policymakers with decades of firsthand experience-will prove important to anyone with an interest in the future of Latin American's continuing economic development and reform. Contributors to this volume: José Antonio González, Stanford University Anne O. Krueger, International Monetary Fund Vittorio Corbo, Pontifical Catholic University, Chile Klaus Schmidt-Hebbel, Central Bank of Chile Alejandro Werner, Bank of Mexico Márcio G. P. Garcia, Pontifical Catholic University, Rio Tatiana Didier, World Bank Gustavo H. B. Franco, former president, Central Bank of Brazil Francisco Gil Díaz, Minister of the Treasury, Mexico Roberto Zahler, former governor, Central Bank of Chile Ricardo J. Caballero, Massachusetts Institute of Technology Philip L. Brock, University of Washington Stephen Haber, Stanford University Pablo E. Guidotti, Universidad Torcuato Di Tella, Buenos Aires Vito Tanzi, International Monetary Fund Enrique Dávila, Ministry of Finance, Mexico Santiago Levy, Mexican Social Security Institute Ricardo Fenochietto, private consultant, Buenos Aires Rogério L. F. Werneck, Pontifical Catholic University, Rio Carola Pessino, Universidad Torcuato di Tella, Buenos Aires Michael Michaely, Hebrew University of Jerusalem

Productivity Convergence

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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.

Market Structure and Industrial Performance

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Publisher : Taylor & Francis
ISBN 13 : 9780415085489
Total Pages : 398 pages
Book Rating : 4.0/5 (854 download)

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Book Synopsis Market Structure and Industrial Performance by : Claudio R. Frischtak

Download or read book Market Structure and Industrial Performance written by Claudio R. Frischtak and published by Taylor & Francis. This book was released on 1994 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Firm Productivity, innovation and Financial Development

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Publisher : International Monetary Fund
ISBN 13 : 1451963254
Total Pages : 37 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Firm Productivity, innovation and Financial Development by : Ms.Genevieve Verdier

Download or read book Firm Productivity, innovation and Financial Development written by Ms.Genevieve Verdier and published by International Monetary Fund. This book was released on 2010-02-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the financial sector; firms reap the maximum benefits from innovation in countries with well-developed financial sectors. This effect is particularly important for firms in high-tech sectors, which typically have higher external financing needs.

OECD Economic Surveys: Mexico 2017

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Publisher : OECD Publishing
ISBN 13 : 926426843X
Total Pages : 128 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis OECD Economic Surveys: Mexico 2017 by : OECD

Download or read book OECD Economic Surveys: Mexico 2017 written by OECD and published by OECD Publishing. This book was released on 2017-01-10 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 OECD Economic Survey of Mexico examines recent economic developments, policies and prospects. The special chapters cover inclusive growth and productivity.

Spatial Concentration in Mexican Industry

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Spatial Concentration in Mexican Industry by : Geoffrey J. Bannister

Download or read book Spatial Concentration in Mexican Industry written by Geoffrey J. Bannister and published by . This book was released on 1993 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Making It Big

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Publisher : World Bank Publications
ISBN 13 : 1464815585
Total Pages : 178 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Making It Big by : Andrea Ciani

Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Global Productivity

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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