Over the last three decades, Mexico has aggressively reformed its economy, opening to foreign trade and investment … been lackluster, trailing that of many other developing nations. In this paper, I review arguments for why Mexico hasn …, distortions in the supply of non-traded inputs, and perverse incentives for informality creates a drag on productivity growth …

In 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of … modest. We analyze the economic history of Mexico 1877-2010. We conclude that the growth 1950-1981 was driven by urbanization …, industrialization, and education and that Mexico would have grown even more rapidly if trade and investment had been liberalized sooner …

: the reciprocal of the terms of trade. Cast this way, a change in the terms of trade acts as a productivity shock. Or does … then generalizing, we show that changes in the terms of trade have no first-order effect on productivity when output is …

Both Chile and Mexico experienced severe economic crises in the early 1980s, but Chile recovered much faster than did … Mexico. Using growth accounting and a calibrated dynamic general equilibrium model, we conclude that the crucial determinant … of this difference between the two countries was the faster productivity growth in Chile, rather than higher investment …

levels of locally-owned firms in Mexico have converged to those of foreign-owned firms. Second, both the rate of productivity … ownership of an industry. Third, the productivity gap between Mexico and U.S. manufacturing has diminished between the mid-1960s …This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …

Management has a large effect on the productivity of large firms. But does management matter in micro and small firms … Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria and Sri Lanka. We show that variation in business practices explains as much of … the variation in outcomes - sales, profits and labor productivity and TFP - in microenterprises as in larger enterprises …

aggregate productivity. TFP gaps are characterized as the integral of a strictly concave function with respect to an employment … productivity is shown to be ambiguous; conditions are given to determine its sign. An empirical lower bound on distortions based on …

aggregate manufacturing productivity on the order of 25% in India and Mexico relative to the U.S … or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is …

Mexico has experienced since 1995. Although fresh domestic bank lending dried up, tradable firms obtained financing in the …

Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at … that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …