Showing 1 - 10 of 1,207
productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity … and R&D capital contribute to productivity growth. However, the magnitudes of their contribution vary considerably across …
Persistent link: https://www.econbiz.de/10013236700
Mexico. I disentangle the effects of two opposing forces on regional labor demand: transport-cost considerations, which, all … of the manufacturing belt in and around Mexico City and the formation of broadly specialized industry centers located in … northern Mexico, relatively close to the United States. The North American Free Trade Agreement is likely to reinforce these …
Persistent link: https://www.econbiz.de/10013124909
planner who has partial knowledge of population preferences and the productivity of spending. This is a problem of decision … making under ambiguity. Focusing on income-tax financed public spending for infrastructure that aims to enhance productivity … preferences and the productivity of public spending …
Persistent link: https://www.econbiz.de/10013104080
, over several years, of public highway capital which then temporarily boosts private sector productivity and local demand …
Persistent link: https://www.econbiz.de/10013107013
We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … monopoly power influences public capital's productivity effect. We test the model using state-level panel data. We confirm the … potentially important indirect channels by which public capital affects manufacturing productivity …
Persistent link: https://www.econbiz.de/10013222910
the recent literature on productivity growth. The size of this impact has important implications for policymakers …' decisions to invest in public capital, and productivity analysts' evaluation of productivity growth fluctuations and declines …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …
Persistent link: https://www.econbiz.de/10013227211
This paper offers a vision of the future of trade in manufactured products between Mexico and the United States. This … proximity of Mexico and the United States, and also for the continuing wage gap between Mexico and the United States. The vision … liberalized Mexico. Based on the OECD trade patterns, an emerging Mexico will present U.S. export opportunities that are a …
Persistent link: https://www.econbiz.de/10013230190
This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used...
Persistent link: https://www.econbiz.de/10014065905
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/10013137012
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/10013117201