Showing 1 - 10 of 4,172
This paper explores the relationship between wages and foreign investment in Mexico, Venezuela, and the United States … countries: higher levels of foreign investment are associated with higher wages. In Mexico and Venezuela, foreign investment was … domestic firms. In the United States there is evidence of wage spillovers. The lack of spillovers in Mexico and Venezuela is …
Persistent link: https://www.econbiz.de/10012473784
We show that industrial ownership structures, such as keiretsu groupings in Japan, may significantly impact firms' incentives to engage in FDI. While the previous literature has mainly focused on the cost of capital advantages enjoyed by keiretsu firms, this paper examines two relatively...
Persistent link: https://www.econbiz.de/10012470685
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/10012462077
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/10012466207
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 … production in Mexico towards relatively skill-intensive goods thereby increasing the relative demand for skilled labor. We study …
Persistent link: https://www.econbiz.de/10012473764
Case studies of export behavior suggest that firms who penetrate foreign markets reduce entry costs for other potential exporters, either through learning by doing or through establishing buyer- supplier linkages. We pursue the idea that spillovers associated with one firm's export activity...
Persistent link: https://www.econbiz.de/10012473932
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/10012475902
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/10012461453
This paper uses new data to reexamine trends in concentration in U.S. markets from 1994 to 2019. The paper's main contribution is to construct concentration measures that reflect narrowly defined consumption-based product markets, as would be defined in an antitrust setting, while accounting for...
Persistent link: https://www.econbiz.de/10012510624
Do low interest rates contribute to the rise in market concentration? Using data on firm financials and high frequency monetary policy shocks, we find that falling interest rates disproportionately benefit industry leaders, especially when the initial interest rate is already low. Falling rates...
Persistent link: https://www.econbiz.de/10012660046