Showing 1 - 10 of 1,170
We assess the aggregate productivity impact of distortions arising from labor regulations in Mexico and how they … about informal firms in Mexico. We then construct and estimate a model of heterogeneous firms and endogenous informality to … but small impacts on aggregate productivity …
Persistent link: https://www.econbiz.de/10012154849
This paper analyzes the sources of Mexico''s economic growth since the 1960s and compares various decompositions of … assessed. Looking ahead, the paper presents medium-term paths for GDP based on alternative assumptions for productivity growth … total factor productivity growth. Economic policy reforms and the introduction of NAFTA may have raised trend productivity …
Persistent link: https://www.econbiz.de/10014400927
In the last few decades, real GDP growth and investment in advanced countries have declined in tandem. This slowdown was not the result of weak demand (there has been no shift along the Okun curve), but of a decline in potential output growth (which has shifted the Okun curve to the left). We...
Persistent link: https://www.econbiz.de/10012103759
This paper examines the extent to which developing countries benefit from intersectoral factor transfers by specifying the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model. Conditions under which factor reallocation is...
Persistent link: https://www.econbiz.de/10014399960
recent fiscal adjustment in Mexico is that it has been carried out, in part, by depleting public infrastructure stocks ….We estimate the effects of public infrastructure on private sector costs in Mexico and calculate the implied optimal …
Persistent link: https://www.econbiz.de/10014399662
An intertemporal general equilibrium model is used to examine infrastructure effects on the Mexican national income. Production functions are estimated for the major sectors of the economy in which sectoral output depends on inputs of capital and labor, as well as the stocks of the public...
Persistent link: https://www.econbiz.de/10014398766
This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal … productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to …
Persistent link: https://www.econbiz.de/10011978605
India's real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the acceleration of investment in transport and infrastructure....
Persistent link: https://www.econbiz.de/10011281932
Persistent link: https://www.econbiz.de/10010359872
Persistent link: https://www.econbiz.de/10010233749