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This work analyzes the process of convergence of the per capita incomes of Mexico and the USA from 1954 to 2008. It was found a point of rupture occurring in this process in the last quarter of 1982. It is analyzed the gap between the levels of their per capita incomes and find that it was...
Persistent link: https://www.econbiz.de/10008691744
exchange rate on Mexico’s private investment from 1988 through 2008, presenting two main results. First, while capital inflows … can potentially increase investment, in practice they may lower it, because, as capital flows in, the peso appreciates …. Second, although both FDI and portfolio inflows can increase investment, the effect from FDI is significantly smaller — in …
Persistent link: https://www.econbiz.de/10010721475
How does organized crime affect foreign direct investment (FDI) in developing countries? Some research examines the … such investment. This paper examines organized crime and FDI in Mexican states between 2000 and 2018. This case is … measures of crime, such as homicide rates or crime rates, are not associated with foreign investment …
Persistent link: https://www.econbiz.de/10014083098
autonomous expenditures; investment is an induced variable; and distribution is exogenous. This manuscript aims to test the first … SSM, investment share is Granger-caused by output. …
Persistent link: https://www.econbiz.de/10014390270
, investment that has marginal product greater than the after-tax market real interest rate. Contrarily, taxes on distributed … prospects and poorly developed financial markets because it primarily reduces the investment of financially constrained firms … profits or capital gains primarily reduce the investment of financially unconstrained firms. Chile experienced a banking …
Persistent link: https://www.econbiz.de/10004969348
Investment in machinery is a key aspect in the analysis of long-term economic growth during the era of the spread of …. This article offers continuous (annual) and consistent series on the magnitude of this investment in all of the Latin …
Persistent link: https://www.econbiz.de/10005772156
This paper estimates the effects of external constraints on growth and investment in the Mexican economy, and how those … Hausman weak exogeneity tests and simultaneous equations estimates generally support the view that growth drives investment … but not the other way around, in the short run. Inflows of foreign direct investment have positive effects on investment …
Persistent link: https://www.econbiz.de/10004970451
This paper develops an intra-industry trade model with skilled and unskilled labor as factors of production, endogenous accumulation of skilled labor and firm heterogeneity in factor intensities to examine the effect of trade reforms on factor prices. Since exporters are more skill intensive...
Persistent link: https://www.econbiz.de/10010578258
exchange rate on Mexico’s private investment from 1988 through 2008, presenting two main results. First, while capital inflows … can potentially increase investment, in practice they may lower it, because, as capital flows in, the peso appreciates …. Second, although both FDI and portfolio inflows can increase investment, the effect from FDI is significantly smaller —in …
Persistent link: https://www.econbiz.de/10010823162
This article presents a methodology designed to facilitate alternative variables measuring economic growth. A capital-labor split of Cobb-Douglas function is adapted for use in the context of economic growth. A capital/income ratio and two fundamental law of capitalism originated by Thomas...
Persistent link: https://www.econbiz.de/10011071615