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Total Factor Productivity In Mexican Manufacturing
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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.
Book Synopsis Total Factor Productivity and Growth in Mexican Manufacturing During the Period 1929-1944 by : Jesus Humberto Angulo Palmero
Download or read book Total Factor Productivity and Growth in Mexican Manufacturing During the Period 1929-1944 written by Jesus Humberto Angulo Palmero and published by . This book was released on 2004 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Evolution of Total Factor Productivity in the Manufacturing Sector in Mexico, 1963-1981 by : Ricardo Samaniego Breach
Download or read book The Evolution of Total Factor Productivity in the Manufacturing Sector in Mexico, 1963-1981 written by Ricardo Samaniego Breach and published by . This book was released on 1984 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Total factor productivity growth and job turnover in mexican manufacturing plants in the 1990s by : Angel Calderón-Madrid
Download or read book Total factor productivity growth and job turnover in mexican manufacturing plants in the 1990s written by Angel Calderón-Madrid and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Comparative Analysis of Productivity Growth in Mexican and Korean Manufacturing, 1966-1990 by : José Luis Estrada López
Download or read book A Comparative Analysis of Productivity Growth in Mexican and Korean Manufacturing, 1966-1990 written by José Luis Estrada López and published by . This book was released on 1997 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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: The author identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico-north, center, south, and Mexico City-regional wage and productivity gaps are found to have increased over time.
Book Synopsis Total Factor Productivity and Regional Convergence by : Alejandro Díaz-Bautista
Download or read book Total Factor Productivity and Regional Convergence written by Alejandro Díaz-Bautista and published by . This book was released on 2001 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Mexico : in-firm training for the knowledge economy by : Hong Tan
Download or read book Mexico : in-firm training for the knowledge economy written by Hong Tan 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:
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 . This book was released on 2016 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Acevedo identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico - north, center, south, and Mexico City - regional wage and productivity gaps are found to have increased over time.This paper - a product of the Economic Policy Sector Unit, Latin America and the Caribbean Region - is a background paper for the region's 2002 Flagship Report quot;Knowledge in Latin America and the Caribbean: Reconsidering Education, Training, and Technology Policies.quot.
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.
Book Synopsis Product and Process Innovation and Total Factor Productivity by : M. Constanza Demmel
Download or read book Product and Process Innovation and Total Factor Productivity written by M. Constanza Demmel and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature on firm productivity recognizes the important role played by firm innovation activities on firm productivity in developed countries. However, the literature for developing and emerging economies is scarce and far from conclusive. The aim of this paper is to study the innovation-productivity link (distinguishing between process and product innovations) for manufacturing at the firm level for four Latin American countries (two classified as upper-middle income countries by the World Bank--Argentina and Mexico--and two as lower-middle income--Colombia and Peru). We aim testing whether the level of development is a mediating factor in the innovation-productivity link. The data used have been drawn from the World Bank panel enterprise surveys, for 2006 and 2010. First, we estimate total factor productivity (TFP) and, second, we use the estimated TFP as a regressor or as dependent variable, in two models for testing self-selection of the most productive firms into innovation or the existence of returns to innovation in terms of productivity. Our results confirm the mediating role of the level of development in the innovation-productivity link: both the self-selection and the returns-to-innovation hypotheses work only for the upper-middle income countries.
Book Synopsis Sources of Change in Mexican Agricultural Production, 1940-65 by : Reed Hertford
Download or read book Sources of Change in Mexican Agricultural Production, 1940-65 written by Reed Hertford and published by . This book was released on 1971 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Developing Innovation Systems by : Mario Cimoli
Download or read book Developing Innovation Systems written by Mario Cimoli and published by Routledge. This book was released on 2013-09-05 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico provides a case study of a cornerstone economy in the development of the hemospheric free trade zone in the Americas, an adjusting economy which has been integrated into uneven economies (Canada and the US). This volume examines the Mexican economy and its attempt to develop an innovation system, providing an example of the dynamics that are of concern to evolutionary economists.
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.
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.
Book Synopsis Mexicoś Trade and Industrialization Experience Since 1960 by : Jaime Ros
Download or read book Mexicoś Trade and Industrialization Experience Since 1960 written by Jaime Ros and published by . This book was released on 1993 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Made in Mexico written by Jorge Alvarez and published by International Monetary Fund. This book was released on 2015-02-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the real effects of the energy reform in Mexico by looking at its impact on manufacturing output through changes in energy prices. Using sub-sector and state-level manufacturing output data, along with past variation in energy prices, we find electricity prices––relative to oil and gas––to be more important in the manufacturing process, with a one standard deviation reduction in electricity prices leading to a 2.8 percent increase in manufacturing output. Our estimated elasticities together with plausible reductions in electricity tariffs derived from the energy reform, could increase manufacturing output by up to 3.6 percent, and overall real GDP by 0.6 percent. Larger reductions are possible over the long run if increased efficiency in the sector leads electricity prices to converge to U.S. levels. Moreover, including the impact of lower electricity tariffs on the services sector, could lead to significantly larger effects on GDP. Accounting for endogeneity of unit labor costs in a panel VAR setting leads to an additional indirect channel which amplifies the impact of electricity prices on output.
