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How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10013310242
This paper examines how inward and outward foreign direct investment (FDI) have influenced the restructuring of the … Japanese firms, particularly those of multinational manufacturing firms. However, Japanese outward FDI is still not very large … increase when compared with the levels of most other OECD countries. Inward FDI will presumably have an even stronger impact on …
Persistent link: https://www.econbiz.de/10013309209
Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reductions in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic...
Persistent link: https://www.econbiz.de/10012956929
This paper examines the role of agricultural diversity in the process of development. Using data from U.S. counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-19th century agricultural diversity had positive long-run effects on population...
Persistent link: https://www.econbiz.de/10012962188
This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...
Persistent link: https://www.econbiz.de/10013052521
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 …
Persistent link: https://www.econbiz.de/10013135399
This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by … Mexico), or use traditional retailers. Walmex provides access to a larger market, but it puts continuous pressure on its …
Persistent link: https://www.econbiz.de/10013122643
effect of NAFTA and the GATT on the SDS industry was to help induce Wal-Mart to enter Mexico. Once there, Walmex … new products and processes from their headquarters to Mexico. Finally, although Mexican detergent exports captured an …
Persistent link: https://www.econbiz.de/10012760712
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 …
Persistent link: https://www.econbiz.de/10013217612
the impact of foreign direct investment (FDI) on the share of skilled labor in total wages in Mexico using state …In this paper, we examine the increase in the relative wages of skilled workers in Mexico during the 1980s. We argue … that rising wage inequality in Mexico is linked to capital inflows from abroad. The effect of these capital inflows, which …
Persistent link: https://www.econbiz.de/10013221077