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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 …
Persistent link: https://www.econbiz.de/10012475902
: 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 …
Persistent link: https://www.econbiz.de/10012465543
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 …
Persistent link: https://www.econbiz.de/10012469822
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 …
Persistent link: https://www.econbiz.de/10012462187
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 …
Persistent link: https://www.econbiz.de/10012457163
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 …
Persistent link: https://www.econbiz.de/10012458262
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 …
Persistent link: https://www.econbiz.de/10012460526
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 …
Persistent link: https://www.econbiz.de/10012460957
More than 17 percent of households in American central cities live in poverty; in American suburbs, just 7.4 percent of households live in poverty. The income elasticity of demand for land is too low for urban poverty to be the result of wealthy individuals' wanting to live where land is cheap...
Persistent link: https://www.econbiz.de/10012471131
Many cities in the United States have recently passed living wage ordinances. These ordinances typically mandate that businesses under contract with the city or, in some cases, receiving assistance from the city, must pay their workers a wage sufficient to support a family financially. To date,...
Persistent link: https://www.econbiz.de/10012471164